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 Korea desk leads with the Bank of Korea Base Rate, the policy rate set by the Monetary Policy Board, then the US federal funds rate, Japan's policy rate and the ECB deposit facility, with the rest following. The Base Rate is read from the Bank's published change list and shown as a daily step series from 1999. It is the policy anchor for Korean money-market rates, not a retail lending rate.

All desks show the same official series in a different order; the figures do not change with the desk. Values are republished without alteration, and each page names the source and licence. The build publishes no Korean mortgage or deposit rate, because no official series is ingested — that page is absent rather than estimated. This is not financial advice, and readings may lag their source.