Norwegian Central Bank's F-Deposit Auction Interrupted, Now Resumed
The Norwegian central bank faced disruptions in conducting an F-deposit auction, causing bids to be submitted via email and phone. The system is now functioning normally. The central bank uses F-loans and F-deposits to manage liquidity and provide a stable environment for the banking sector.
![Norwegian Central Bank's F-Deposit Auction Interrupted, Now Resumed](https://devdiscourse.blob.core.windows.net/aiimagegallery/19_07_2024_10_35_03_2930016.png)
- Country:
- Norway
Earlier on Friday, the Norwegian central bank encountered disruptions during an F-deposit auction, causing bids to be submitted through email and phone.
Norges Bank provides short-term fixed-rate lending and deposit facilities known as F-loans and F-deposits to manage liquidity and ensure stability within the banking sector.
Normal operations have now resumed, with bids being placed as usual, and any remaining issues can still be addressed via email or phone, according to a statement on Norges Bank's website.
(With inputs from agencies.)
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