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

F-deposit with floating interest rate - Auction no 10220


01 July 2022 Offer of F-deposit with floating interest rate with a term from 01.07.2022 to 04.07.2022 and a bidding deadline of 15:50 on 01.07.2022. Ordinary auction and open bid volume. Lowest volume per bid is NOK 10 million. Go to Norges Bank's website to submit a bid.

Results

F-auction

30 June 2022. Result of F-loan with fixed interest rate with a term from 30.06.2022 to 01.07.2022.

Bid volume
NOK 2125 million
Allotment volume
NOK 2125 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
1.40%
Lowest accepted interest rate
1.40%
Weighted average interest rate
1.40%

F-auction

28 June 2022. Result of F-loan with floating interest rate with a term from 28.06.2022 to 29.06.2022.

Bid volume
NOK 800 million
Allotment volume
NOK 800 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
1.30%
Lowest accepted interest rate
1.25%
Weighted average interest rate
1.27%

* If the sight deposit rate is changed during the term of the operation, the banks' accepted interest rate will be changed accordingly.

F-auction

27 June 2022. Result of F-loan with floating interest rate with a term from 27.06.2022 to 28.06.2022.

Bid volume
NOK 2500 million
Allotment volume
NOK 2500 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
1.25%
Lowest accepted interest rate
1.25%
Weighted average interest rate
1.25%

* 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 and ICT Department
Tel. +47 22 31 71 70

Technical questions:
Tel. +47 22 31 65 55