Nowa data
Nowa (Norwegian Overnight Weighted Average) is the interest rate on unsecured NOK loans between banks that are active in the Norwegian overnight market.
Nowa - daily
Nowa is calculated for all Norwegian banking days and published on Norges Bank’s website on the following banking day at 9 am.
Nowa - monthly
Monthly average of daily data
Nowa - annual
Annual average of daily observations
Compounded Nowa averages
The Nowa1m (Nowa average 1m), Nowa3m (Nowa average 3m) and Nowa6m (Nowa average 6m) are compounded averages of the Nowa rate for reference periods of 1, 3 and 6 months respectively.
The Nowa compounded index (Nowai)
The Nowai (Nowa index) is an index representing the cumulative return on an investment earning daily compound interest at the Nowa rate.
Nowa calculator
The Nowa calculator is intended to be an aid in calculating the compounded Nowa rate in order to increase the understanding of how the periodic Nowa rate is calculated.