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, 1 September 2026 - Auction no 10917
F-auction
1 September 2026. Result of F-deposit with floating interest rate with a term from 01.09.2026 to 02.09.2026.
- Bid volume
- NOK 18786 million
- Allotment volume
- NOK 6000 million
- Allotment at the marginal rate
- 14.19%
Rates at auction
- Highest accepted interest rate
- 4.25%
- Lowest accepted interest rate
- 4.24%
- Weighted average interest rate
- 4.24%
* 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, 31 August 2026 - Auction no 10916
F-auction
31 August 2026. Result of F-deposit with floating interest rate with a term from 31.08.2026 to 01.09.2026.
- Bid volume
- NOK 35336 million
- Allotment volume
- NOK 18000 million
- Allotment at the marginal rate
- 14.60%
Rates at auction
- Highest accepted interest rate
- 4.25%
- Lowest accepted interest rate
- 4.23%
- Weighted average interest rate
- 4.23%
* 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, 28 August 2026 - Auction no 10915
F-auction
28 August 2026. Result of F-deposit with floating interest rate with a term from 28.08.2026 to 31.08.2026.
- Bid volume
- NOK 96079 million
- Allotment volume
- NOK 86000 million
- Allotment at the marginal rate
- 89.36%
Rates at auction
- Highest accepted interest rate
- 4.25%
- Lowest accepted interest rate
- 4.24%
- 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, 26 August 2026 - Auction no 10914
F-auction
26 August 2026. Result of F-deposit with floating interest rate with a term from 26.08.2026 to 28.08.2026.
- Bid volume
- NOK 99079 million
- Allotment volume
- NOK 92000 million
- Allotment at the marginal rate
- 92.75%
Rates at auction
- Highest accepted interest rate
- 4.25%
- Lowest accepted interest rate
- 4.24%
- 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, 25 August 2026 - Auction no 10913
F-auction
25 August 2026. Result of F-deposit with floating interest rate with a term from 25.08.2026 to 26.08.2026.
- Bid volume
- NOK 7085 million
- Allotment volume
- NOK 3000 million
- Allotment at the marginal rate
- 41.64%
Rates at auction
- Highest accepted interest rate
- 4.25%
- Lowest accepted interest rate
- 4.24%
- 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-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