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
F-deposit with floating interest rate - Auction no 10711
31 March 2025
Offer of F-deposit with floating interest rate
with a term from 31.03.2025 to 01.04.2025
and a bidding deadline of 15:50 on 31.03.2025.
Ordinary auction and open bid volume.
Lowest volume per bid is NOK 10 million.
Go to Norges Bank's website to submit a bid.
F-loan with fixed interest rate - Auction no 10712
31 March 2025
Offer of quarter-end F-loan with fixed interest rate
with a term from 31.03.2025 to 01.04.2025
and a bidding deadline of 16:10 on 31.03.2025.
Set auction rate 4.65 percent and open bid volume.
Lowest volume per bid is NOK 10 million.
Go to Norges Bank's website to submit a bid.
Results
F-deposit with floating interest rate, 26 March 2025 - Auction no 10710
F-auction
26 March 2025. Result of F-deposit with floating interest rate with a term from 26.03.2025 to 01.04.2025.
- Bid volume
- NOK 111035 million
- Allotment volume
- NOK 111035 million
- Allotment at the marginal rate
- 100.00%
Rates at auction
- Highest accepted interest rate
- 4.50%
- Lowest accepted interest rate
- 4.49%
- 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-deposit with floating interest rate, 25 March 2025 - Auction no 10709
F-auction
25 March 2025. Result of F-deposit with floating interest rate with a term from 25.03.2025 to 26.03.2025.
- Bid volume
- NOK 6005 million
- Allotment volume
- NOK 4000 million
- Allotment at the marginal rate
- 33.83%
Rates at auction
- Highest accepted interest rate
- 4.50%
- Lowest accepted interest rate
- 4.49%
- Weighted average interest rate
- 4.49%
* 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, 24 March 2025 - Auction no 10708
F-auction
24 March 2025. Result of F-deposit with floating interest rate with a term from 24.03.2025 to 26.03.2025.
- Bid volume
- NOK 98038 million
- Allotment volume
- NOK 98038 million
- Allotment at the marginal rate
- 100.00%
Rates at auction
- Highest accepted interest rate
- 4.50%
- Lowest accepted interest rate
- 4.45%
- 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