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-loan with floating interest rate, 14 October 2026 - Auction no 10934

F-auction

14 October 2026. Result of F-loan with floating interest rate with a term from 14.10.2026 to 19.10.2026.

Bid volume
NOK 24000 million
Allotment volume
NOK 24000 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
4.50%
Lowest accepted interest rate
4.50%
Weighted average interest rate
4.50%

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

F-loan with floating interest rate, 13 October 2026 - Auction no 10933

F-auction

13 October 2026. Result of F-loan with floating interest rate with a term from 13.10.2026 to 14.10.2026.

Bid volume
NOK 500 million
Allotment volume
NOK 500 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
4.50%
Lowest accepted interest rate
4.50%
Weighted average interest rate
4.50%

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

F-loan with floating interest rate, 12 October 2026 - Auction no 10932

F-auction

12 October 2026. Result of F-loan with floating interest rate with a term from 12.10.2026 to 14.10.2026.

Bid volume
NOK 23050 million
Allotment volume
NOK 23050 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
4.52%
Lowest accepted interest rate
4.50%
Weighted average interest rate
4.50%

* 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 Department
Tel. +47 22 31 61 60

Technical questions:
Tel. +47 22 31 65 55