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, 3 August 2026 - Auction no 10906

F-auction

3 August 2026. Result of F-deposit with floating interest rate with a term from 03.08.2026 to 04.08.2026.

Bid volume
NOK 80368 million
Allotment volume
NOK 57000 million
Allotment at the marginal rate
70.61%
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-deposit with floating interest rate, 31 July 2026 - Auction no 10905

F-auction

31 July 2026. Result of F-deposit with floating interest rate with a term from 31.07.2026 to 03.08.2026.

Bid volume
NOK 110028 million
Allotment volume
NOK 90000 million
Allotment at the marginal rate
76.07%
Rates at auction
Highest accepted interest rate
4.25%
Lowest accepted interest rate
4.23%
Weighted average interest rate
4.24%

* 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 July 2026 - Auction no 10904

F-auction

30 July 2026. Result of F-deposit with floating interest rate with a term from 30.07.2026 to 31.07.2026.

Bid volume
NOK 89423 million
Allotment volume
NOK 72000 million
Allotment at the marginal rate
80.45%
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