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

F-deposit with floating interest rate - Auction no 10843


06 March 2026 Offer of F-deposit with floating interest rate with a term from 06.03.2026 to 10.03.2026 and a bidding deadline of 15:50 on 06.03.2026. 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, 5 March 2026 - Auction no 10842

F-auction

5 March 2026. Result of F-deposit with floating interest rate with a term from 05.03.2026 to 16.03.2026.

Bid volume
NOK 150240 million
Allotment volume
NOK 150240 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
4.00%
Lowest accepted interest rate
3.95%
Weighted average interest rate
4.00%

* 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, 3 March 2026 - Auction no 10841

F-auction

3 March 2026. Result of F-deposit with floating interest rate with a term from 03.03.2026 to 05.03.2026.

Bid volume
NOK 130985 million
Allotment volume
NOK 128000 million
Allotment at the marginal rate
97.63%
Rates at auction
Highest accepted interest rate
4.00%
Lowest accepted interest rate
3.99%
Weighted average interest rate
4.00%

* 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, 2 March 2026 - Auction no 10840

F-auction

2 March 2026. Result of F-deposit with floating interest rate with a term from 02.03.2026 to 03.03.2026.

Bid volume
NOK 133207 million
Allotment volume
NOK 123000 million
Allotment at the marginal rate
92.07%
Rates at auction
Highest accepted interest rate
4.00%
Lowest accepted interest rate
3.99%
Weighted average interest rate
4.00%

* 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, 27 February 2026 - Auction no 10839

F-auction

27 February 2026. Result of F-deposit with floating interest rate with a term from 27.02.2026 to 02.03.2026.

Bid volume
NOK 160835 million
Allotment volume
NOK 150000 million
Allotment at the marginal rate
86.28%
Rates at auction
Highest accepted interest rate
4.00%
Lowest accepted interest rate
3.95%
Weighted average interest rate
3.99%

* 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