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, 20 January 2025 - Auction no 10682

F-auction

20 January 2025. Result of F-deposit with floating interest rate with a term from 20.01.2025 to 30.01.2025.

Bid volume
NOK 18822 million
Allotment volume
NOK 18822 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-deposit with floating interest rate, 17 January 2025 - Auction no 10681

F-auction

17 January 2025. Result of F-deposit with floating interest rate with a term from 17.01.2025 to 30.01.2025.

Bid volume
NOK 69320 million
Allotment volume
NOK 69320 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-deposit with floating interest rate, 16 January 2025 - Auction no 10680

F-auction

16 January 2025. Result of F-deposit with floating interest rate with a term from 16.01.2025 to 17.01.2025.

Bid volume
NOK 68282 million
Allotment volume
NOK 60000 million
Allotment at the marginal rate
87.04%
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-deposit with floating interest rate, 15 January 2025 - Auction no 10679

F-auction

15 January 2025. Result of F-deposit with floating interest rate with a term from 15.01.2025 to 16.01.2025.

Bid volume
NOK 33902 million
Allotment volume
NOK 29000 million
Allotment at the marginal rate
85.37%
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