Norges Bank

Norges Bank
Noregs Bank
HeadquartersOslo
Established14 June 1816 (208 years ago) (1816-06-14)
Ownership100% state ownership[1]
GovernorIda Wolden Bache
Central bank ofNorway
CurrencyNorwegian krone
NOK (ISO 4217)
Reserves750 billion NOK (2024)[2]
Bank rate5.50%[3]
Interest rate target4.50%[3]
Interest on reserves3.50%[3]
Websitenorges-bank.no
Norway bonds
  10 year
  5 year
  1 year
  6 month
  3 month

Norges Bank (Bokmål: Norges Bank, Nynorsk: Noregs Bank, lit.'Bank of Norway') is the central bank of Norway. It is responsible for managing the Government Pension Fund of Norway, which is the world's largest sovereign wealth fund,[4] as well as the bank's own foreign exchange reserves.[5]

  1. ^ Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ "Foreign exchange reserves Q1 2024" (PDF). Norges. 24 May 2024. p. 2. Retrieved 4 June 2024.
  3. ^ a b c "Rate decision May 2024". Norges. 3 May 2024. Retrieved 4 June 2024.
  4. ^ "Top 100 Largest Sovereign Wealth Fund Rankings by Total Assets - SWFI". www.swfinstitute.org. Retrieved 2024-02-27.
  5. ^ "About the Bank".