Norway central bank to auction $5 bln to banks on April 2

Norway central bank to auction $5 bln to banks on April 2
  • Country:
  • Norway

Norway's central bank said on Tuesday it would offer an F-loan in U.S. dollars with a maturity of three months on April 2, with a maximum allotment volume of $5 billion, to mitigate impact on financial markets from coronavirus outbreak.

Norges bank also said in a separate statement its extraordinary F-loans in Norwegian crowns would be offered to the end of May 2020.

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