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, 4 June 2026 - Auction no 10881

F-auction

4 June 2026. Result of F-deposit with floating interest rate with a term from 04.06.2026 to 09.06.2026.

Bid volume
NOK 77535 million
Allotment volume
NOK 62000 million
Allotment at the marginal rate
79.56%
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, 2 June 2026 - Auction no 10880

F-auction

2 June 2026. Result of F-deposit with floating interest rate with a term from 02.06.2026 to 04.06.2026.

Bid volume
NOK 79633 million
Allotment volume
NOK 68000 million
Allotment at the marginal rate
85.16%
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, 1 June 2026 - Auction no 10879

F-auction

1 June 2026. Result of F-deposit with floating interest rate with a term from 01.06.2026 to 02.06.2026.

Bid volume
NOK 82792 million
Allotment volume
NOK 54000 million
Allotment at the marginal rate
64.59%
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, 29 May 2026 - Auction no 10878

F-auction

29 May 2026. Result of F-deposit with floating interest rate with a term from 29.05.2026 to 01.06.2026.

Bid volume
NOK 69352 million
Allotment volume
NOK 44000 million
Allotment at the marginal rate
26.73%
Rates at auction
Highest accepted interest rate
4.25%
Lowest accepted interest rate
4.22%
Weighted average interest rate
4.23%

* 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, 28 May 2026 - Auction no 10877

F-auction

28 May 2026. Result of F-deposit with floating interest rate with a term from 28.05.2026 to 29.05.2026.

Bid volume
NOK 82368 million
Allotment volume
NOK 66000 million
Allotment at the marginal rate
79.72%
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