Government bond auction · Norway
Norway 2029 NGB Auction
The Norway 2029 NGB Auction is a sale of new government debt by Norway's treasury or debt agency to investors.
- Importance
- Low
- Released
- Every two weeks
- Currency
- NOK · Norwegian krone
- Central bank
- Norges Bank
Latest figures
The latest release, published on 26 November 2025, came in at 3.86 %, down from 3.93% the time before.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 26 Nov 2025 | – | 3.86 % | – | 3.93% |
| 12 Nov 2025 | – | 3.93% | – | 3.85% |
| 29 Oct 2025 | – | 3.85% | – | 3.86% |
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 soldWhat 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 2029 NGB Auction?
The Norway 2029 NGB Auction is a sale of new government debt by Norway's treasury or debt agency to investors.
What was the latest Norway 2029 NGB Auction?
3.86 %, published on 26 November 2025.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.