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, 20 April 2026 - Auction no 10861

F-auction

20 April 2026. Result of F-deposit with floating interest rate with a term from 20.04.2026 to 23.04.2026.

Bid volume
NOK 128732 million
Allotment volume
NOK 112000 million
Allotment at the marginal rate
86.76%
Rates at auction
Highest accepted interest rate
4.00%
Lowest accepted interest rate
3.98%
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-deposit with floating interest rate, 17 April 2026 - Auction no 10860

F-auction

17 April 2026. Result of F-deposit with floating interest rate with a term from 17.04.2026 to 20.04.2026.

Bid volume
NOK 139312 million
Allotment volume
NOK 122000 million
Allotment at the marginal rate
87.33%
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-deposit with floating interest rate, 15 April 2026 - Auction no 10859

F-auction

15 April 2026. Result of F-deposit with floating interest rate with a term from 15.04.2026 to 17.04.2026.

Bid volume
NOK 109798 million
Allotment volume
NOK 85000 million
Allotment at the marginal rate
76.91%
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-deposit with floating interest rate, 14 April 2026 - Auction no 10858

F-auction

14 April 2026. Result of F-deposit with floating interest rate with a term from 14.04.2026 to 15.04.2026.

Bid volume
NOK 9000 million
Allotment volume
NOK 5000 million
Allotment at the marginal rate
55.56%
Rates at auction
Highest accepted interest rate
4.00%
Lowest accepted interest rate
4.00%
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