Norges Bank

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-deposit with floating interest rate, 13 May 2026 - Auction no 10870

F-auction

13 May 2026. Result of F-deposit with floating interest rate with a term from 13.05.2026 to 15.05.2026.

Bid volume
NOK 175335 million
Allotment volume
NOK 168000 million
Allotment at the marginal rate
95.77%
Rates at auction
Highest accepted interest rate
4.25%
Lowest accepted interest rate
4.20%
Weighted average interest rate
4.25%

* 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, 12 May 2026 - Auction no 10869

F-auction

12 May 2026. Result of F-deposit with floating interest rate with a term from 12.05.2026 to 13.05.2026.

Bid volume
NOK 142315 million
Allotment volume
NOK 131000 million
Allotment at the marginal rate
91.96%
Rates at auction
Highest accepted interest rate
4.25%
Lowest accepted interest rate
4.23%
Weighted average interest rate
4.25%

* 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, 11 May 2026 - Auction no 10868

F-auction

11 May 2026. Result of F-deposit with floating interest rate with a term from 11.05.2026 to 12.05.2026.

Bid volume
NOK 145240 million
Allotment volume
NOK 133000 million
Allotment at the marginal rate
91.47%
Rates at auction
Highest accepted interest rate
4.25%
Lowest accepted interest rate
4.20%
Weighted average interest rate
4.25%

* 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, 7 May 2026 - Auction no 10867

F-auction

7 May 2026. Result of F-deposit with floating interest rate with a term from 07.05.2026 to 11.05.2026.

Bid volume
NOK 135035 million
Allotment volume
NOK 124000 million
Allotment at the marginal rate
91.63%
Rates at auction
Highest accepted interest rate
4.00%
Lowest accepted interest rate
3.95%
Weighted average interest rate
4.00%

* 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