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 10768
18 September 2025
Offer of F-deposit with floating interest rate
with a term from 18.09.2025 to 24.09.2025
and a bidding deadline of 15:50 on 18.09.2025.
Ordinary auction and open bid volume.
Lowest volume per bid is NOK 10 million.
Go to Norges Bank's website to submit a bid.
Results
F-deposit with floating interest rate, 17 September 2025 - Auction no 10767
F-auction
17 September 2025. Result of F-deposit with floating interest rate with a term from 17.09.2025 to 18.09.2025.
- Bid volume
- NOK 39730 million
- Allotment volume
- NOK 30000 million
- Allotment at the marginal rate
- 75.06%
Rates at auction
- Highest accepted interest rate
- 4.25%
- Lowest accepted interest rate
- 4.20%
- 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, 16 September 2025 - Auction no 10766
F-auction
16 September 2025. Result of F-deposit with floating interest rate with a term from 16.09.2025 to 17.09.2025.
- Bid volume
- NOK 36970 million
- Allotment volume
- NOK 24000 million
- Allotment at the marginal rate
- 63.46%
Rates at auction
- Highest accepted interest rate
- 4.25%
- Lowest accepted interest rate
- 4.20%
- 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 with floating interest rate, 15 September 2025 - Auction no 10765
F-auction
15 September 2025 Result of fine-tuning F-loan with floating interest rate with a term from 15.09.2025 to 16.09.2025 No bids were received in today's auction. No result is available.
F-deposit with floating interest rate, 11 September 2025 - Auction no 10764
F-auction
11 September 2025. Result of F-deposit with floating interest rate with a term from 11.09.2025 to 15.09.2025.
- Bid volume
- NOK 125960 million
- Allotment volume
- NOK 117000 million
- Allotment at the marginal rate
- 92.81%
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-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