Key rate
In Norway, the key rate is the interest rate on banks' deposits in Norges Bank. This interest rate is called the sight deposit rate. Changes in Norges Bank's deposit rate will normally have a strong impact on short-term money market rates and on banks' deposit and lending rates.
More about Norges Bank's key rate
Chart in PowerPoint (17 kB)
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Chart updated: 31 October 2007
Data on the sight deposit rate in Excel- or CSV-format can be downloaded. The files also present data on other Norwegian interest rates.
| Effective from |
Sight deposit rate |
Overnight lending rate |
|
27 Sep 2007 |
5.00 |
6.00 |
|
16 Aug 2007 |
4.75 |
5.75 |
|
28 June 2007 |
4.50 |
5.50 |
|
31 May 2007 |
4.25 |
5.25 |
|
16 March 2007 |
4.00 |
5.00 |
|
25 Jan 2007 |
3.75 |
5.75 |
|
14 Des 2006 |
3.50 |
5.50 |
| 2 Nov 2006 |
3.25 |
5.25 |
| 17 Aug 2006 |
3.00 |
5.00 |
| 1 June 2006 |
2.75 |
4.75 |
| 17 March 2006 |
2.50 |
4.50 |
| 3 Nov 2005 |
2.25 |
4.25 |
| 1 July 2005 |
2.00 |
4.00 |
| 12 Mach 2004 |
1.75 |
3.75 |
| 29 Jan 2004 |
2.00 |
4.00 |
| 18 Dec 2003 |
2.25 |
4.25 |
| 18 Sep 2003 |
2.50 |
4.50 |
| 14 Aug 2003 |
3.00 |
5.00 |
| 26 June 2003 |
4.00 |
6.00 |
| 1 May 2003 |
5.00 |
7.00 |
| 6 Mach 2003 |
5.50 |
7.50 |
| 23 Jan 2003 |
6.00 |
8.00 |
| 12 Dec 2002 |
6.50 |
8.50 |
| 4 July 2002 |
7.00 |
9.00 |
| 13 Dec 2001 |
6.50 |
8.50 |
| 21 Sep 2000 |
7.00 |
9.00 |
| 10 Aug 2000 |
6.75 |
8.75 |
| 15 June 2000 |
6.25 |
8.25 |
| 13 April 2000 |
5.75 |
7.75 |
| 23 Sep 1999 |
5.50 |
7.50 |
| 17 June 1999 |
6.00 |
8.00 |
| 26 April 1999 |
6.50 |
8.50 |
| 3 March 1999 |
7.00 |
9.00 |
| 28 Jan 1999 |
7.50 |
9.50 |
| 25 Aug 1998 |
8.00 |
10.00 |
| 21 Aug 1998 |
7.00 |
9.00 |
| 12 Aug 1998 |
5.50 |
7.50 |
| 6 July 1998 |
5.00 |
7.00 |
| 29 June 1998 |
4.50 |
6.50 |
| 25 May 1998 |
4.25 |
6.25 |
| 19 March 1998 |
3.75 |
5.75 |
| 16 July 1997 |
3.50 |
5.50 |
| 10 Jan 1997 |
3.25 |
5.25 |
| 9 Jan 1997 |
3.50 |
5.50 |
| 6 Nov 1996 |
4.00 |
6.00 |
| 8 March 1996 |
4.50 |
6.50 |
| 9 Feb 1994 |
4.75 |
6.75 |
| 30 Dec 1993 |
5.00 |
7.00 |
| 19 Nov 1993 |
4.75 |
6.75 |
| 26 Oct 1993 |
5.00 |
7.00 |
| 3 Aug 1993 |
5.50 |
7.50 |
| 28 June 1993 |
6.00 |
7.50 |
| 21 June 1993 |
6.25 |
7.50 |
| 14 June 1993 |
6.50 |
7.50 |
| 25 May 1993 |
6.75 |
7.50 |
| 29 April 1993 |
6.75 |
7.75 |
| 26 April 1993 |
7.00 |
8.00 |
| 20 April 1993 |
7.25 |
8.25 |
| 1 April 1993 |
7.50 |
8.50 |
| 12 March 1993 |
7.75 |
8.75 |
| 8 March 1993 |
8.00 |
9.00 |
| 22 Feb 1993 |
8.25 |
9.25 |
| 8 Feb 1993 |
8.50 |
9.50 |
| 3 Feb 1993 |
8.75 |
9.75 |
| 15 Jan 1993 |
9.00 |
10.00 |
| 7 Jan 1993 |
9.00 |
10.50 |
| 10 Dec 1992 |
9.00 |
11.00 |
| 7 Dec 1992 |
9.00 |
16.00 |
| 30 Nov 1992 |
9.00 |
17.00 |
| 23 Nov 1992 |
9.00 |
25.00 |
| 20 Nov 1992 |
9.00 |
17.00 |
| 9 Nov 1992 |
9.00 |
10.00 |
| 2 Nov 1992 |
9.50 |
10.50 |
| 28 Oct 1992 |
10.00 |
11.00 |
| 7 Sep 1992 |
11.00 |
11.00 |
| 1 April 1992 |
9.00 |
10.00 |
| 8 Jan 1992 |
10.00 |
10.00 |
| 19 Sep 1991 |
8.50 |
10.00 |
| 28 May 1991 |
8.00 |
9.50 |
| 29 April 1991 |
8.25 |
9.75 |
| 11 April 1991 |
8.50 |
10.00 |
| 18 March 1991 |
8.50 |
10.20 |
| 1 Jan 1991 |
8.50 |
|
| 27 Aug 1990 |
|
10.50 |
| 16 Nov 1989 |
|
11.00 |
| 22 June 1989 |
|
10.00 |
| 9 May 1989 |
|
10.50 |
| 14 Feb 1989 |
|
11.00 |
| 10 Jan 1989 |
|
11.50 |
| 5 Dec 1988 |
|
12.00 |
| 24 Oct 1988 |
|
12.40 |
| 10 June 1988 |
|
12.80 |
| 9 May 1988 |
|
13.30 |
| 16 Feb 1987 |
|
13.80 |
| 3 Feb 1987 |
|
14.20 |
| 28 Jan 1987 |
|
14.50 |
| 17 Dec 1986 |
|
14.80 |
| 16 Dec 1986 |
|
15.50 |
| 2 Dec 1986 |
|
16.00 |
| 12 May 1986 |
|
14.00 |
| 7 May 1986 |
|
50.00 |
| 5 May 1986 |
|
30.00 |
| 2 May 1986 |
|
14.00 |
| 13 Jan 1986 |
|
13.00 |
| 1 Nov 1985 |
|
12.50 |
| 1 Sep 1984 |
|
13.50 |
| 1 May 1984 |
|
13.00 |
| 1 July 1983 |
|
14.00 |
Chart updated: 07.23.2007