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, 15 July 2026 - Auction no 10899

F-auction

15 July 2026. Result of F-deposit with floating interest rate with a term from 15.07.2026 to 17.07.2026.

Bid volume
NOK 62673 million
Allotment volume
NOK 40000 million
Allotment at the marginal rate
63.37%
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, 13 July 2026 - Auction no 10898

F-auction

13 July 2026. Result of F-deposit with floating interest rate with a term from 13.07.2026 to 15.07.2026.

Bid volume
NOK 94950 million
Allotment volume
NOK 88000 million
Allotment at the marginal rate
92.53%
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, 10 July 2026 - Auction no 10897

F-auction

10 July 2026. Result of F-deposit with floating interest rate with a term from 10.07.2026 to 13.07.2026.

Bid volume
NOK 106573 million
Allotment volume
NOK 94000 million
Allotment at the marginal rate
88.07%
Rates at auction
Highest accepted interest rate
4.25%
Lowest accepted interest rate
4.23%
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, 9 July 2026 - Auction no 10896

F-auction

9 July 2026. Result of F-deposit with floating interest rate with a term from 09.07.2026 to 10.07.2026.

Bid volume
NOK 108513 million
Allotment volume
NOK 98000 million
Allotment at the marginal rate
90.21%
Rates at auction
Highest accepted interest rate
4.25%
Lowest accepted interest rate
4.23%
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