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-auction

25 November 2022. Result of F-loan with floating interest rate with a term from 25.11.2022 to 28.11.2022.

Bid volume
NOK 20700 million
Allotment volume
NOK 18000 million
Allotment at the marginal rate
86.76%
Rates at auction
Highest accepted interest rate
2.51%
Lowest accepted interest rate
2.50%
Weighted average interest rate
2.50%

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

F-auction

23 November 2022. Result of F-loan with floating interest rate with a term from 23.11.2022 to 25.11.2022.

Bid volume
NOK 27500 million
Allotment volume
NOK 27500 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
2.52%
Lowest accepted interest rate
2.50%
Weighted average interest rate
2.50%

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

F-auction

22 November 2022. Result of F-loan with floating interest rate with a term from 22.11.2022 to 23.11.2022.

Bid volume
NOK 23200 million
Allotment volume
NOK 23200 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
2.51%
Lowest accepted interest rate
2.50%
Weighted average interest rate
2.50%

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

F-auction

21 November 2022. Result of F-loan with floating interest rate with a term from 21.11.2022 to 22.11.2022.

Bid volume
NOK 32000 million
Allotment volume
NOK 32000 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
2.50%
Lowest accepted interest rate
2.50%
Weighted average interest rate
2.50%

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

Technical questions:
Tel. +47 22 31 65 55