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, 2 January 2026 - Auction no 10814
F-auction
2 January 2026. Result of F-deposit with floating interest rate with a term from 02.01.2026 to 05.01.2026.
- Bid volume
- NOK 189263 million
- Allotment volume
- NOK 189263 million
- Allotment at the marginal rate
- 100.00%
Rates at auction
- Highest accepted interest rate
- 4.00%
- Lowest accepted interest rate
- 3.90%
- Weighted average interest rate
- 3.98%
* 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 fixed interest rate, 31 December 2025 - Auction no 10813
F-auction
31 December 2025. Result of F-loan with fixed interest rate with a term from 31.12.2025 to 02.01.2026.
- Bid volume
- NOK 2051 million
- Allotment volume
- NOK 2051 million
- Allotment at the marginal rate
- 100.00%
Rates at auction
- Highest accepted interest rate
- 4.15%
- Lowest accepted interest rate
- 4.15%
- Weighted average interest rate
- 4.15%
F-deposit with floating interest rate, 31 December 2025 - Auction no 10812
F-auction
31 December 2025. Result of F-deposit with floating interest rate with a term from 31.12.2025 to 02.01.2026.
- Bid volume
- NOK 186955 million
- Allotment volume
- NOK 179000 million
- Allotment at the marginal rate
- 90.23%
Rates at auction
- Highest accepted interest rate
- 3.99%
- Lowest accepted interest rate
- 3.80%
- Weighted average interest rate
- 3.88%
* 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, 30 December 2025 - Auction no 10811
F-auction
30 December 2025. Result of F-deposit with floating interest rate with a term from 30.12.2025 to 31.12.2025.
- Bid volume
- NOK 185950 million
- Allotment volume
- NOK 181000 million
- Allotment at the marginal rate
- 95.29%
Rates at auction
- Highest accepted interest rate
- 4.00%
- Lowest accepted interest rate
- 3.90%
- Weighted average interest rate
- 3.98%
* 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, 29 December 2025 - Auction no 10810
F-auction
29 December 2025. Result of F-deposit with floating interest rate with a term from 29.12.2025 to 30.12.2025.
- Bid volume
- NOK 4120 million
- Allotment volume
- NOK 4120 million
- Allotment at the marginal rate
- 100.00%
Rates at auction
- Highest accepted interest rate
- 4.00%
- Lowest accepted interest rate
- 3.98%
- 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-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