Norway policy rate

Source: BIS central bank policy rates (WS_CBPOL), Norway daily. Licence: BIS statistics: unrestricted reuse with attribution; inclusion must not add a charge to users. This page is not an official BIS publication (terms). Files: data/raw/bis-no-policy.json.

Reading this series

Norway's policy rate, styringsrenten, is set by Norges Bank and is the rate the central bank uses to steer short-term money-market rates. This page uses the BIS central bank policy rate series for Norway (WS_CBPOL), compiled with Norges Bank. Since 1993 the series is the sight-deposit rate; the earlier stretch is the overnight lending rate, which was the policy instrument before that. Changes come only at Norges Bank's policy meetings, so the series is drawn as daily steps.

Read the headline with its as-of date, then the "versus the previous reading" line. Where the rate has been unchanged, the page surfaces the date of the last actual move rather than a run of zero values. Mean, median, low and high are arithmetic summaries of the observations in this build, not official figures. Chart and Table present one series two ways, the range buttons only filter what is drawn, and Explore adds zoom and pan on request. The policy rate is not a mortgage or deposit rate, and this page is not an official BIS publication.

About this desk

The euro-area desk is the natural home for the two shared ECB series: the deposit facility rate, which is the euro-area policy rate set by the Governing Council, and €STR, the unsecured overnight market benchmark the ECB publishes but does not set. The Germany, France, Italy and Ireland desks point at the same two series; this desk presents them without a single country's framing.

The figures come from the ECB Data Portal and are republished with attribution under the ESCB statistics reuse policy. All desks show the same build-wide series in a different order, so the numbers here match the country desks exactly. The build does not include national retail or mortgage rates for euro-area members, because none is ingested. Euro-area policy is one setting for all members; the site does not invent a national rate. This is not financial advice.