Norges Bank

Policy rate - daily data. See also monthly average and annual average data series.


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This applies to both nominal interest rates and real interest rates.

. Norges Bank has stated that if it is necessary to deviate from the normal response pattern in order to promote financial stability the Bank will give notification of this. Interest rates are now low both globally and in Norway. Interest rates differ from what we were accustomed to.

The policy rate sight deposit rate is Norges Banks most important monetary policy instrument. Norwegian Overnight Weighted Average rate Nowa is the interest rate on unsecured overnight interbank loans between banks that are active in the Norwegian overnight market.


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