Government bond auction · Norway

Norway 09/2029 NGB Auction

The Norway 09/2029 NGB Auction is a sale of new government debt by Norway's treasury or debt agency to investors.

Importance
Low
Released
About every six weeks
Currency
NOK · Norwegian krone
Central bank
Norges Bank

Latest figures

The latest release, published on 28 October 2026, came in at 4.78%, up from 4.35% the time before.

Over the last 7 releases it ranged from 3.89% to 4.78%, averaging 4.30%.

Dec 2025: 3.93%Jan 2026: 3.89%Feb 2026: 3.97%Apr 2026: 4.43%Apr 2026: 4.58%Jun 2026: 4.55%Oct 2026: 4.78% Dec 2025Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
28 Oct 2026–4.78%–4.35%
3 Jun 2026–4.55%–4.58%
29 Apr 2026–4.58%–4.43%
15 Apr 2026–4.43%–3.97%
25 Feb 2026–3.97%–3.89%
7 Jan 2026–3.89%–3.93%
3 Dec 2025–3.93%–3.86%

See it in the economic calendar →

Why it matters

Auctions show the demand for a country's debt. A weak auction (low cover ratio, a yield above where the bond traded before the sale, the "tail") can push yields up across the market; a strong one calms them. In times of fiscal stress auctions get close attention.

How it is calculated

Bidders submit the yield (or price) at which they will buy; the debt office allocates from the lowest yield up until the amount is sold. The release reports the average or highest yield and the bid-to-cover ratio.

Bid-to-cover = amount bid ÷ amount sold

What changes mean

  • Bid-to-cover above its recent average and no tail: solid demand.
  • Index-linked and green bonds are smaller auctions with their own investor base.

A short history

Most governments moved from fixed-price syndicates to regular auctions in the 1970s–1990s; the US Treasury has auctioned bills since 1929.

Questions

What is the Norway 09/2029 NGB Auction?

The Norway 09/2029 NGB Auction is a sale of new government debt by Norway's treasury or debt agency to investors.

What was the latest Norway 09/2029 NGB Auction?

4.78%, published on 28 October 2026.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.