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Primary dealers' price quoting in the interdealer market
30 Aug 2024 13:00 CEST
Issuer
KINGDOM OF NORWAY
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 Norwegian
government bonds with residual maturity of one year or more.
Continued permitted interest rate spreads for all government 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 Agreement for Norwegian government bonds, ie
eight effective interest rate basis points.
Period: From 9:00 am on Monday, 2 September 2024 through Monday, 30 December
2024.
Norges Bank has decided to no longer allow primary dealers to set wider spreads
between the bid and offer prices in the interdealer market for all Norwegian
Treasury bills and Norwegian government bonds with residual maturity of up to
one year.
From Monday, 2 September 2024, primary dealers must set bid and offer prices in
the interdealer market pursuant to Clause 3, third paragraph of Annex A to the
Primary Dealer Agreements for Norwegian Treasury bills and Norwegian government
bonds. This means that the permitted interest rate spread for all Treasury bills
and government bonds with residual maturity of up to one year is 10 effective
interest rate basis points.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Norges Bank
Provider
Oslo Børs Newspoint
Company Name
Den norske stat 24/34 3,625%, 0% Statskasseveksel 18.06.2025
ISIN
NO0013148338, NO0013261677
Market
Oslo Børs