Primary dealers’ price quoting in the Interdealer Market

28 Jun 2024 13:00 CEST

Norges Bank has decided to continue to allow primary dealers to set wider
spreads between the bid and offer prices in the Interdealer Market for both
Norwegian Treasury bills and Norwegian government bonds.

Continued permitted interest rate spreads for all bills and bonds with residual
maturity of up to one year:

Up to 1.2 times the interest rate spreads permitted by Clause 3, third
paragraph, of Annex A to the Primary Dealer Agreements for Norwegian Treasury
bills and Norwegian government bonds, that is 12 effective interest rate basis
points.

Continued permitted interest rate spreads for all bonds with residual maturity
of one year or more:

Up to 1.6 times the interest rate spreads permitted by Clause 3, third
paragraph, of Annex A to the Primary Dealer Agreements for Norwegian government
bonds, that is 8 effective interest rate basis points.

Period:
From 9:00 am on Monday, 1 July 2024 through Friday, 30 August 2024.

More information:
Access the news on Oslo Bors NewsWeb site