Norges Bank

Nowa - Norwegian Overnight Weighted Average

Nowa is the interest rate on unsecured overnight interbank loans in NOK. Norges Bank will take over as administrator of Nowa from 1 January 2020. Finance Norway's responsibility for the Nowa rules will thereby be transferred to Norges Bank, which will continue to be responsible for calculating and publishing Nowa. 

Norges Bank to be administrator of Nowa (news item 7 June 2019)

Principles for calculating and publishing Nowa

Norges Bank has adopted new principles for calculating and publishing Nowa to apply from 1 January 2020. The principles specifies the base data, definition, calculation method and routines for publishing Nowa. 

 

 

Edited 4 December 2019 14:30
Edited 4 December 2019 14:30