F-loans and F-deposits
Norges Bank uses market operations, called “F-loans” and “F-deposits”, to manage the quantity of reserves in the banking system. In order to participate in F-loan and F-deposit auctions, counterparties must have registered users and access to the F-auction system.
Auction announcements
There are currently no upcoming auctions.
Results
F-loan with floating interest rate, 2 November 2026 - Auction no 10940
F-auction
2 November 2026. Result of F-loan with floating interest rate with a term from 02.11.2026 to 03.11.2026.
- Bid volume
- NOK 2750 million
- Allotment volume
- NOK 2750 million
- Allotment at the marginal rate
- 100.00%
Rates at auction
- Highest accepted interest rate
- 4.50%
- Lowest accepted interest rate
- 4.50%
- Weighted average interest rate
- 4.50%
* If the sight deposit rate is changed during the term of the operation, the banks' accepted interest rate will be changed accordingly.
F-deposit with floating interest rate, 30 October 2026 - Auction no 10939
F-auction
30 October 2026. Result of F-deposit with floating interest rate with a term from 30.10.2026 to 02.11.2026.
- Bid volume
- NOK 19025 million
- Allotment volume
- NOK 13000 million
- Allotment at the marginal rate
- 42.76%
Rates at auction
- Highest accepted interest rate
- 4.50%
- Lowest accepted interest rate
- 4.47%
- Weighted average interest rate
- 4.48%
* If the sight deposit rate is changed during the term of the operation, the banks' accepted interest rate will be changed accordingly.
F-loan with floating interest rate, 27 October 2026 - Auction no 10938
F-auction
27 October 2026. Result of F-loan with floating interest rate with a term from 27.10.2026 to 30.10.2026.
- Bid volume
- NOK 5915 million
- Allotment volume
- NOK 5915 million
- Allotment at the marginal rate
- 100.00%
Rates at auction
- Highest accepted interest rate
- 4.50%
- Lowest accepted interest rate
- 4.50%
- Weighted average interest rate
- 4.50%
* If the sight deposit rate is changed during the term of the operation, the banks' accepted interest rate will be changed accordingly.
F-loan with floating interest rate, 26 October 2026 - Auction no 10937
F-auction
26 October 2026. Result of F-loan with floating interest rate with a term from 26.10.2026 to 27.10.2026.
- Bid volume
- NOK 500 million
- Allotment volume
- NOK 500 million
- Allotment at the marginal rate
- 100.00%
Rates at auction
- Highest accepted interest rate
- 4.50%
- Lowest accepted interest rate
- 4.50%
- Weighted average interest rate
- 4.50%
* If the sight deposit rate is changed during the term of the operation, the banks' accepted interest rate will be changed accordingly.
F-loan in USD
There are currently no upcoming auctions in USD
Contact
General questions:
Domestic Markets Unit in the Markets Department
Tel. +47 22 31 61 60
Technical questions:
Tel. +47 22 31 65 55