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

20 January 2022. Result of F-loan with floating interest rate with a term from 20.01.2022 to 24.01.2022.

Bid volume
NOK 7500 million
Allotment volume
NOK 5000 million
Allotment at the marginal rate
65.28%
Rates at auction
Highest accepted interest rate
0.54%
Lowest accepted interest rate
0.50%
Weighted average interest rate
0.50%

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

F-auction

20 January 2022. Result of F-loan with floating interest rate with a term from 20.01.2022 to 04.03.2022.

Bid volume
NOK 39650 million
Allotment volume
NOK 20000 million
Allotment at the marginal rate
11.47%
Rates at auction
Highest accepted interest rate
0.60%
Lowest accepted interest rate
0.55%
Weighted average interest rate
0.58%

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

F-auction

19 January 2022. Result of F-loan with floating interest rate with a term from 19.01.2022 to 20.01.2022.

Bid volume
NOK 10000 million
Allotment volume
NOK 9000 million
Allotment at the marginal rate
90.00%
Rates at auction
Highest accepted interest rate
0.52%
Lowest accepted interest rate
0.52%
Weighted average interest rate
0.52%

* 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