Norges Bank
Key policy rate, 4.25% since 8 May 2026.
as of 2026-09-08 · own history joined to BIS · 550 decisions since 1818
Norway·NOK·all central banks2026-09-08 · 4.25%
Shaded: market rate used as a proxy, not a decision.
Every decision
Newest first; a shaded row marks a change of instrument.
| Date | Level | Change | Instrument |
|---|---|---|---|
| 2026-05-08 | 4.25% | +0.25% | Key policy rate |
| 2025-09-19 | 4.00% | −0.25% | Key policy rate |
| 2025-06-20 | 4.25% | −0.25% | Key policy rate |
| 2023-12-15 | 4.50% | +0.25% | Key policy rate |
| 2023-09-22 | 4.25% | +0.25% | Key policy rate |
| 2023-08-18 | 4.00% | +0.25% | Key policy rate |
| 2023-06-23 | 3.75% | +0.50% | Key policy rate |
| 2023-05-05 | 3.25% | +0.25% | Key policy rate |
| 2023-03-24 | 3.00% | +0.25% | Key policy rate |
| 2022-12-16 | 2.75% | +0.25% | Key policy rate |
| 2022-11-04 | 2.50% | +0.25% | Key policy rate |
| 2022-09-23 | 2.25% | +0.50% | Key policy rate |
| 2022-08-19 | 1.75% | +0.50% | Key policy rate |
| 2022-06-24 | 1.25% | +0.50% | Key policy rate |
| 2022-03-25 | 0.75% | +0.25% | Key policy rate |
| 2021-12-17 | 0.50% | +0.25% | Key policy rate |
| 2021-09-24 | 0.25% | +0.25% | Key policy rate |
| 2020-05-08 | 0.00% | −0.25% | Key policy rate |
| 2020-03-23 | 0.25% | −0.75% | Key policy rate |
| 2020-03-16 | 1.00% | −0.50% | Key policy rate |
| 2019-09-20 | 1.50% | +0.25% | Key policy rate |
| 2019-06-21 | 1.25% | +0.25% | Key policy rate |
| 2019-03-22 | 1.00% | +0.25% | Key policy rate |
| 2018-09-21 | 0.75% | +0.25% | Key policy rate |
| 2016-03-18 | 0.50% | −0.25% | Key policy rate |
| 2015-09-25 | 0.75% | −0.25% | Key policy rate |
| 2015-06-19 | 1.00% | −0.25% | Key policy rate |
| 2014-12-12 | 1.25% | −0.25% | Key policy rate |
| 2012-03-15 | 1.50% | −0.25% | Key policy rate |
| 2011-12-15 | 1.75% | −0.50% | Key policy rate |
| 2011-05-13 | 2.25% | +0.25% | Key policy rate |
| 2010-05-06 | 2.00% | +0.25% | Key policy rate |
| 2009-12-17 | 1.75% | +0.25% | Key policy rate |
| 2009-10-29 | 1.50% | +0.25% | Key policy rate |
| 2009-06-18 | 1.25% | −0.25% | Key policy rate |
| 2009-05-07 | 1.50% | −0.50% | Key policy rate |
| 2009-03-26 | 2.00% | −0.50% | Key policy rate |
| 2009-02-05 | 2.50% | −0.50% | Key policy rate |
| 2008-12-18 | 3.00% | −1.75% | Key policy rate |
| 2008-10-30 | 4.75% | −0.50% | Key policy rate |
| 2008-10-16 | 5.25% | −0.50% | Key policy rate |
| 2008-06-26 | 5.75% | +0.25% | Key policy rate |
| 2008-04-24 | 5.50% | +0.25% | Key policy rate |
| 2007-12-13 | 5.25% | +0.25% | Key policy rate |
| 2007-09-27 | 5.00% | +0.25% | Key policy rate |
| 2007-08-16 | 4.75% | +0.25% | Key policy rate |
| 2007-06-28 | 4.50% | +0.25% | Key policy rate |
| 2007-05-31 | 4.25% | +0.25% | Key policy rate |
| 2007-03-16 | 4.00% | +0.25% | Key policy rate |
| 2007-01-25 | 3.75% | +0.25% | Key policy rate |
| 2006-12-14 | 3.50% | +0.25% | Key policy rate |
| 2006-11-02 | 3.25% | +0.25% | Key policy rate |
| 2006-08-17 | 3.00% | +0.25% | Key policy rate |
| 2006-06-01 | 2.75% | +0.25% | Key policy rate |
| 2006-03-17 | 2.50% | +0.25% | Key policy rate |
| 2005-11-03 | 2.25% | +0.25% | Key policy rate |
| 2005-07-01 | 2.00% | +0.25% | Key policy rate |
| 2004-03-12 | 1.75% | −0.25% | Key policy rate |
| 2004-01-29 | 2.00% | −0.25% | Key policy rate |
| 2003-12-18 | 2.25% | −0.25% | Key policy rate |
| 2003-09-18 | 2.50% | −0.50% | Key policy rate |
| 2003-08-13 | 3.00% | −1.00% | Key policy rate |
| 2003-06-26 | 4.00% | −1.00% | Key policy rate |
| 2003-05-02 | 5.00% | −0.50% | Key policy rate |
| 2003-03-06 | 5.50% | −0.50% | Key policy rate |
| 2003-01-23 | 6.00% | −0.50% | Key policy rate |
| 2002-12-12 | 6.50% | −0.50% | Key policy rate |
| 2002-07-04 | 7.00% | +0.50% | Key policy rate |
| 2001-12-13 | 6.50% | −0.50% | Key policy rate |
| 2000-09-21 | 7.00% | +0.25% | Key policy rate |
| 2000-08-10 | 6.75% | +0.50% | Key policy rate |
| 2000-06-15 | 6.25% | +0.50% | Key policy rate |
| 2000-04-13 | 5.75% | +0.25% | Key policy rate |
| 1999-09-23 | 5.50% | −0.50% | Key policy rate |
| 1999-06-17 | 6.00% | −0.50% | Key policy rate |
| 1999-04-26 | 6.50% | −0.50% | Key policy rate |
| 1999-03-03 | 7.00% | −0.50% | Key policy rate |
| 1999-01-28 | 7.50% | −0.50% | Key policy rate |
| 1998-08-25 | 8.00% | +1.00% | Key policy rate |
| 1998-08-21 | 7.00% | +1.50% | Key policy rate |
| 1998-08-12 | 5.50% | +0.50% | Key policy rate |
| 1998-07-06 | 5.00% | +0.50% | Key policy rate |
| 1998-06-29 | 4.50% | +0.25% | Key policy rate |
| 1998-05-25 | 4.25% | +0.50% | Key policy rate |
| 1998-03-19 | 3.75% | +0.25% | Key policy rate |
| 1997-07-16 | 3.50% | +0.25% | Key policy rate |
| 1997-01-10 | 3.25% | −0.25% | Key policy rate |
| 1997-01-09 | 3.50% | −0.50% | Key policy rate |
| 1996-11-06 | 4.00% | −0.50% | Key policy rate |
| 1996-03-08 | 4.50% | −0.25% | Key policy rate |
| 1994-02-09 | 4.75% | −0.25% | Key policy rate |
| 1993-12-30 | 5.00% | +0.25% | Key policy rate |
| 1993-11-19 | 4.75% | −0.25% | Key policy rate |
| 1993-10-26 | 5.00% | −0.50% | Key policy rate |
| 1993-08-03 | 5.50% | −0.50% | Key policy rate |
| 1993-06-28 | 6.00% | −0.25% | Key policy rate |
| 1993-06-21 | 6.25% | −0.25% | Key policy rate |
| 1993-06-14 | 6.50% | −0.25% | Key policy rate |
| 1993-04-29 | 6.75% | −0.25% | Key policy rate |
| 1993-04-26 | 7.00% | −0.25% | Key policy rate |
| 1993-04-20 | 7.25% | −0.25% | Key policy rate |
| 1993-04-01 | 7.50% | −0.25% | Key policy rate |
| 1993-03-12 | 7.75% | −0.25% | Key policy rate |
| 1993-03-08 | 8.00% | −0.25% | Key policy rate |
| 1993-02-22 | 8.25% | −0.25% | Key policy rate |
| 1993-02-08 | 8.50% | −0.25% | Key policy rate |
| 1993-02-03 | 8.75% | −0.25% | Key policy rate |
| 1992-11-09 | 9.00% | −0.50% | Key policy rate |
| 1992-11-02 | 9.50% | −0.50% | Key policy rate |
| 1992-10-28 | 10.00% | −1.00% | Key policy rate |
| 1992-09-07 | 11.00% | +2.00% | Key policy rate |
| 1992-04-01 | 9.00% | −1.00% | Key policy rate |
| 1992-01-08 | 10.00% | +1.50% | Key policy rate |
| 1991-09-19 | 8.50% | +0.50% | Key policy rate |
| 1991-05-28 | 8.00% | −0.25% | Key policy rate |
| 1991-04-29 | 8.25% | −0.25% | Key policy rate |
| 1991-01-01 | 8.50% | — | Key policy rate |
| 1991-01-01: Norges Bank's own key policy rate (sight deposit rate framework) begins 1991-01-01; every change from here is the Bank's own daily series. | |||
| 1987-01-01: Norges Bank's own discount-rate table (Historical Monetary Statistics) ends in Dec 1986; the level from here is BIS Norway daily, bridging to the start of the key policy rate series in 1991. This window includes the 1986 krone crisis, when the operative rate spiked far above the frozen discount rate. | |||
| 1983-06-01 | 8.00% | −1.00% | Discount rate |
| 1979-11-01 | 9.00% | +2.00% | Discount rate |
| 1978-02-01 | 7.00% | +1.00% | Discount rate |
| 1976-09-01 | 6.00% | +1.00% | Discount rate |
| 1975-10-01 | 5.00% | −0.50% | Discount rate |
| 1974-03-01 | 5.50% | +1.00% | Discount rate |
| 1969-09-01 | 4.50% | +1.00% | Discount rate |
| 1955-02-01 | 3.50% | +1.00% | Discount rate |
| 1946-01-01 | 2.50% | −0.50% | Discount rate |
| 1940-05-01 | 3.00% | −1.50% | Discount rate |
| 1939-09-01 | 4.50% | +1.00% | Discount rate |
| 1938-01-01 | 3.50% | −0.50% | Discount rate |
| 1936-12-01 | 4.00% | +0.50% | Discount rate |
| 1933-05-01 | 3.50% | −0.50% | Discount rate |
| 1932-09-01 | 4.00% | −0.50% | Discount rate |
| 1932-05-01 | 4.50% | −0.50% | Discount rate |
| 1932-03-01 | 5.00% | −0.50% | Discount rate |
| 1932-02-01 | 5.50% | −0.50% | Discount rate |
| 1931-10-01 | 6.00% | −2.00% | Discount rate |
| 1931-09-01 | 8.00% | +4.00% | Discount rate |
| 1930-11-01 | 4.00% | −0.50% | Discount rate |
| 1930-03-01 | 4.50% | −0.50% | Discount rate |
| 1929-12-01 | 5.00% | −0.50% | Discount rate |
| 1929-11-01 | 5.50% | −0.50% | Discount rate |
| 1929-09-01 | 6.00% | +0.50% | Discount rate |
| 1928-03-01 | 5.50% | −0.50% | Discount rate |
| 1928-02-01 | 6.00% | +1.00% | Discount rate |
| 1927-11-01 | 5.00% | +0.50% | Discount rate |
| 1926-10-01 | 4.50% | −0.50% | Discount rate |
| 1926-09-01 | 5.00% | −0.50% | Discount rate |
| 1926-04-01 | 5.50% | −0.50% | Discount rate |
| 1926-01-01 | 6.00% | +1.00% | Discount rate |
| 1925-09-01 | 5.00% | −0.50% | Discount rate |
| 1925-08-01 | 5.50% | −0.50% | Discount rate |
| 1925-05-01 | 6.00% | −0.50% | Discount rate |
| 1924-11-01 | 6.50% | −0.50% | Discount rate |
| 1923-11-01 | 7.00% | +1.00% | Discount rate |
| 1923-05-01 | 6.00% | +1.00% | Discount rate |
| 1922-08-01 | 5.00% | −0.50% | Discount rate |
| 1922-05-01 | 5.50% | −0.50% | Discount rate |
| 1922-01-01 | 6.00% | −0.50% | Discount rate |
| 1921-07-01 | 6.50% | −0.50% | Discount rate |
| 1920-06-01 | 7.00% | +1.00% | Discount rate |
| 1919-12-01 | 6.00% | +0.50% | Discount rate |
| 1919-05-01 | 5.50% | −0.50% | Discount rate |
| 1917-12-01 | 6.00% | +0.50% | Discount rate |
| 1916-11-01 | 5.50% | +0.50% | Discount rate |
| 1916-10-01 | 5.00% | +0.50% | Discount rate |
| 1916-05-01 | 4.50% | −1.00% | Discount rate |
| 1915-12-01 | 5.50% | +0.50% | Discount rate |
| 1915-05-01 | 5.00% | −0.50% | Discount rate |
| 1914-08-01 | 5.50% | +0.50% | Discount rate |
| 1914-06-01 | 5.00% | +0.50% | Discount rate |
| 1914-02-01 | 4.50% | −0.50% | Discount rate |
| 1914-01-01 | 5.00% | −0.50% | Discount rate |
| 1912-03-01 | 5.50% | +0.50% | Discount rate |
| 1911-09-01 | 5.00% | +0.50% | Discount rate |
| 1909-02-01 | 4.50% | −0.50% | Discount rate |
| 1908-08-01 | 5.00% | −0.50% | Discount rate |
| 1908-01-01 | 5.50% | −0.50% | Discount rate |
| 1907-11-01 | 6.00% | +1.00% | Discount rate |
| 1907-02-01 | 5.00% | −0.50% | Discount rate |
| 1906-10-01 | 5.50% | +0.50% | Discount rate |
| 1906-02-01 | 5.00% | −0.50% | Discount rate |
| 1905-12-01 | 5.50% | +0.50% | Discount rate |
| 1905-06-01 | 5.00% | +0.50% | Discount rate |
| 1905-02-01 | 4.50% | −0.50% | Discount rate |
| 1904-10-01 | 5.00% | +0.50% | Discount rate |
| 1904-08-01 | 4.50% | −0.50% | Discount rate |
| 1903-11-01 | 5.00% | −0.50% | Discount rate |
| 1903-06-01 | 5.50% | +0.50% | Discount rate |
| 1902-12-01 | 5.00% | +0.50% | Discount rate |
| 1902-02-01 | 4.50% | −0.50% | Discount rate |
| 1901-09-01 | 5.00% | −0.50% | Discount rate |
| 1901-08-01 | 5.50% | −0.50% | Discount rate |
| 1901-01-01 | 6.00% | −0.50% | Discount rate |
| 1899-10-01 | 6.50% | +0.50% | Discount rate |
| 1899-03-01 | 6.00% | +1.00% | Discount rate |
| 1899-02-01 | 5.00% | −0.50% | Discount rate |
| 1898-12-01 | 5.50% | +1.00% | Discount rate |
| 1898-10-01 | 4.50% | +0.50% | Discount rate |
| 1898-08-01 | 4.00% | −0.50% | Discount rate |
| 1898-06-01 | 4.50% | +0.50% | Discount rate |
| 1898-01-01 | 4.00% | −0.50% | Discount rate |
| 1897-08-01 | 4.50% | −0.50% | Discount rate |
| 1897-06-01 | 5.00% | +0.50% | Discount rate |
| 1897-02-01 | 4.50% | −0.50% | Discount rate |
| 1896-12-01 | 5.00% | +0.50% | Discount rate |
| 1896-10-01 | 4.50% | +0.50% | Discount rate |
| 1896-04-01 | 4.00% | +0.50% | Discount rate |
| 1895-09-01 | 3.50% | −0.50% | Discount rate |
| 1894-09-01 | 4.00% | −0.50% | Discount rate |
| 1894-05-01 | 4.50% | −0.50% | Discount rate |
| 1893-01-01 | 5.00% | −0.07% | Discount rate |
| 1892-12-01 | 5.07% | −0.03% | Discount rate |
| 1892-11-01 | 5.10% | −0.06% | Discount rate |
| 1892-10-01 | 5.16% | −0.04% | Discount rate |
| 1892-09-01 | 5.20% | −0.33% | Discount rate |
| 1892-08-01 | 5.53% | −0.20% | Discount rate |
| 1892-07-01 | 5.73% | +0.01% | Discount rate |
| 1892-06-01 | 5.72% | +0.05% | Discount rate |
| 1892-05-01 | 5.67% | −0.07% | Discount rate |
| 1892-04-01 | 5.74% | +0.02% | Discount rate |
| 1892-03-01 | 5.72% | +0.10% | Discount rate |
| 1892-02-01 | 5.62% | −0.38% | Discount rate |
| 1892-01-01 | 6.00% | +0.05% | Discount rate |
| 1891-12-01 | 5.95% | +0.65% | Discount rate |
| 1891-11-01 | 5.30% | +0.22% | Discount rate |
| 1891-09-01 | 5.08% | −0.09% | Discount rate |
| 1891-08-01 | 5.17% | −0.29% | Discount rate |
| 1891-07-01 | 5.46% | +0.43% | Discount rate |
| 1891-06-01 | 5.03% | +0.05% | Discount rate |
| 1891-05-01 | 4.98% | +0.01% | Discount rate |
| 1891-04-01 | 4.97% | +0.80% | Discount rate |
| 1891-02-01 | 4.17% | −0.17% | Discount rate |
| 1891-01-01 | 4.34% | +0.08% | Discount rate |
| 1890-12-01 | 4.26% | +0.38% | Discount rate |
| 1890-10-01 | 3.88% | −0.01% | Discount rate |
| 1890-09-01 | 3.89% | −0.01% | Discount rate |
| 1890-07-01 | 3.90% | +0.32% | Discount rate |
| 1890-04-01 | 3.58% | +0.16% | Discount rate |
| 1890-03-01 | 3.42% | −0.01% | Discount rate |
| 1890-02-01 | 3.43% | +0.08% | Discount rate |
| 1890-01-01 | 3.35% | −0.01% | Discount rate |
| 1889-11-01 | 3.36% | −0.01% | Discount rate |
| 1889-10-01 | 3.37% | −0.03% | Discount rate |
| 1889-09-01 | 3.40% | −0.23% | Discount rate |
| 1889-08-01 | 3.63% | −0.01% | Discount rate |
| 1889-04-01 | 3.64% | −0.01% | Discount rate |
| 1888-09-01 | 3.65% | −0.01% | Discount rate |
| 1888-06-01 | 3.66% | −0.02% | Discount rate |
| 1888-04-01 | 3.68% | −0.01% | Discount rate |
| 1888-02-01 | 3.69% | −0.04% | Discount rate |
| 1888-01-01 | 3.73% | −0.08% | Discount rate |
| 1887-12-01 | 3.81% | −0.08% | Discount rate |
| 1887-11-01 | 3.89% | −0.10% | Discount rate |
| 1887-10-01 | 3.99% | −0.28% | Discount rate |
| 1887-07-01 | 4.27% | −0.07% | Discount rate |
| 1887-06-01 | 4.34% | −0.01% | Discount rate |
| 1887-04-01 | 4.35% | −0.09% | Discount rate |
| 1887-03-01 | 4.44% | −0.14% | Discount rate |
| 1887-02-01 | 4.58% | −0.02% | Discount rate |
| 1886-10-01 | 4.60% | −0.03% | Discount rate |
| 1886-07-01 | 4.63% | +0.03% | Discount rate |
| 1886-05-01 | 4.60% | −0.07% | Discount rate |
| 1886-04-01 | 4.67% | +0.01% | Discount rate |
| 1886-03-01 | 4.66% | +0.14% | Discount rate |
| 1886-02-01 | 4.52% | +0.03% | Discount rate |
| 1885-12-01 | 4.49% | −0.03% | Discount rate |
| 1884-10-01 | 4.52% | −0.03% | Discount rate |
| 1884-07-01 | 4.55% | −0.01% | Discount rate |
| 1884-05-01 | 4.56% | −0.03% | Discount rate |
| 1884-04-01 | 4.59% | +0.04% | Discount rate |
| 1883-11-01 | 4.55% | +0.01% | Discount rate |
| 1883-08-01 | 4.54% | −0.04% | Discount rate |
| 1883-07-01 | 4.58% | +0.04% | Discount rate |
| 1883-05-01 | 4.54% | −0.04% | Discount rate |
| 1882-12-01 | 4.58% | −0.19% | Discount rate |
| 1882-11-01 | 4.77% | −0.13% | Discount rate |
| 1882-09-01 | 4.90% | −0.10% | Discount rate |
| 1882-05-01 | 5.00% | +0.14% | Discount rate |
| 1882-04-01 | 4.86% | +0.20% | Discount rate |
| 1882-03-01 | 4.66% | +0.01% | Discount rate |
| 1881-11-01 | 4.65% | −0.02% | Discount rate |
| 1881-10-01 | 4.67% | +0.13% | Discount rate |
| 1881-08-01 | 4.54% | −0.01% | Discount rate |
| 1881-07-01 | 4.55% | +0.10% | Discount rate |
| 1881-06-01 | 4.45% | +0.12% | Discount rate |
| 1881-05-01 | 4.33% | +0.23% | Discount rate |
| 1881-03-01 | 4.10% | −0.08% | Discount rate |
| 1881-02-01 | 4.18% | −0.12% | Discount rate |
| 1880-12-01 | 4.30% | −0.01% | Discount rate |
| 1880-10-01 | 4.31% | −0.06% | Discount rate |
| 1880-09-01 | 4.37% | −0.01% | Discount rate |
| 1880-08-01 | 4.38% | +0.01% | Discount rate |
| 1880-07-01 | 4.37% | −0.16% | Discount rate |
| 1880-06-01 | 4.53% | −0.14% | Discount rate |
| 1880-05-01 | 4.67% | −0.19% | Discount rate |
| 1880-04-01 | 4.86% | −0.03% | Discount rate |
| 1880-02-01 | 4.89% | −0.02% | Discount rate |
| 1880-01-01 | 4.91% | +0.01% | Discount rate |
| 1879-12-01 | 4.90% | −0.03% | Discount rate |
| 1879-11-01 | 4.93% | −0.14% | Discount rate |
| 1879-10-01 | 5.07% | −0.10% | Discount rate |
| 1879-09-01 | 5.17% | −0.17% | Discount rate |
| 1879-08-01 | 5.34% | −0.12% | Discount rate |
| 1879-07-01 | 5.46% | −0.07% | Discount rate |
| 1879-06-01 | 5.53% | −0.22% | Discount rate |
| 1879-05-01 | 5.75% | −0.13% | Discount rate |
| 1879-04-01 | 5.88% | +0.05% | Discount rate |
| 1879-03-01 | 5.83% | −0.13% | Discount rate |
| 1879-02-01 | 5.96% | −0.11% | Discount rate |
| 1879-01-01 | 6.07% | +0.08% | Discount rate |
| 1878-11-01 | 5.99% | −0.06% | Discount rate |
| 1878-10-01 | 6.05% | −0.12% | Discount rate |
| 1878-09-01 | 6.17% | +0.01% | Discount rate |
| 1878-08-01 | 6.16% | +0.01% | Discount rate |
| 1878-07-01 | 6.15% | −0.07% | Discount rate |
| 1878-06-01 | 6.22% | −0.16% | Discount rate |
| 1878-05-01 | 6.38% | −0.10% | Discount rate |
| 1878-04-01 | 6.48% | −0.15% | Discount rate |
| 1878-02-01 | 6.63% | +0.08% | Discount rate |
| 1878-01-01 | 6.55% | −0.16% | Discount rate |
| 1877-12-01 | 6.71% | −0.01% | Discount rate |
| 1877-11-01 | 6.72% | +0.04% | Discount rate |
| 1877-10-01 | 6.68% | +0.53% | Discount rate |
| 1877-08-01 | 6.15% | −0.16% | Discount rate |
| 1877-07-01 | 6.31% | +0.02% | Discount rate |
| 1877-06-01 | 6.29% | +0.08% | Discount rate |
| 1877-05-01 | 6.21% | +0.32% | Discount rate |
| 1877-04-01 | 5.89% | +1.13% | Discount rate |
| 1877-03-01 | 4.76% | −0.22% | Discount rate |
| 1877-02-01 | 4.98% | −0.05% | Discount rate |
| 1876-12-01 | 5.03% | −0.19% | Discount rate |
| 1876-11-01 | 5.22% | −0.42% | Discount rate |
| 1876-08-01 | 5.64% | −0.41% | Discount rate |
| 1876-06-01 | 6.05% | +0.06% | Discount rate |
| 1876-04-01 | 5.99% | +0.16% | Discount rate |
| 1876-03-01 | 5.83% | −0.02% | Discount rate |
| 1876-02-01 | 5.85% | −0.29% | Discount rate |
| 1876-01-01 | 6.14% | −0.36% | Discount rate |
| 1875-12-01 | 6.50% | +0.40% | Discount rate |
| 1875-08-01 | 6.10% | −0.10% | Discount rate |
| 1875-07-01 | 6.20% | −0.37% | Discount rate |
| 1875-06-01 | 6.57% | +0.65% | Discount rate |
| 1875-05-01 | 5.92% | +0.05% | Discount rate |
| 1875-04-01 | 5.87% | +0.64% | Discount rate |
| 1875-03-01 | 5.23% | +0.19% | Discount rate |
| 1875-02-01 | 5.04% | +0.08% | Discount rate |
| 1874-12-01 | 4.96% | +0.18% | Discount rate |
| 1874-11-01 | 4.78% | −0.06% | Discount rate |
| 1874-10-01 | 4.84% | −0.02% | Discount rate |
| 1874-09-01 | 4.86% | −0.15% | Discount rate |
| 1874-08-01 | 5.01% | −0.03% | Discount rate |
| 1874-07-01 | 5.04% | +0.02% | Discount rate |
| 1874-06-01 | 5.02% | −0.05% | Discount rate |
| 1874-05-01 | 5.07% | +0.01% | Discount rate |
| 1874-04-01 | 5.06% | +0.26% | Discount rate |
| 1874-02-01 | 4.80% | −0.15% | Discount rate |
| 1874-01-01 | 4.95% | −0.03% | Discount rate |
| 1873-12-01 | 4.98% | +0.05% | Discount rate |
| 1873-11-01 | 4.93% | +0.41% | Discount rate |
| 1873-10-01 | 4.52% | +0.03% | Discount rate |
| 1873-09-01 | 4.49% | +0.19% | Discount rate |
| 1873-08-01 | 4.30% | −0.08% | Discount rate |
| 1873-07-01 | 4.38% | +0.14% | Discount rate |
| 1873-05-01 | 4.24% | +0.04% | Discount rate |
| 1873-04-01 | 4.20% | +0.21% | Discount rate |
| 1873-03-01 | 3.99% | +0.11% | Discount rate |
| 1873-01-01 | 3.88% | −0.08% | Discount rate |
| 1872-11-01 | 3.96% | +0.05% | Discount rate |
| 1872-10-01 | 3.91% | −0.06% | Discount rate |
| 1872-09-01 | 3.97% | −0.02% | Discount rate |
| 1872-07-01 | 3.99% | −0.01% | Discount rate |
| 1872-06-01 | 4.00% | +0.06% | Discount rate |
| 1872-03-01 | 3.94% | +0.07% | Discount rate |
| 1872-02-01 | 3.87% | −0.01% | Discount rate |
| 1871-11-01 | 3.88% | −0.01% | Discount rate |
| 1871-10-01 | 3.89% | −0.02% | Discount rate |
| 1871-09-01 | 3.91% | −0.13% | Discount rate |
| 1871-08-01 | 4.04% | −0.22% | Discount rate |
| 1871-07-01 | 4.26% | −0.32% | Discount rate |
| 1871-06-01 | 4.58% | −0.10% | Discount rate |
| 1871-05-01 | 4.68% | −0.03% | Discount rate |
| 1871-04-01 | 4.71% | +0.13% | Discount rate |
| 1871-03-01 | 4.58% | +0.01% | Discount rate |
| 1871-02-01 | 4.57% | −0.23% | Discount rate |
| 1871-01-01 | 4.80% | −0.10% | Discount rate |
| 1870-11-01 | 4.90% | −0.14% | Discount rate |
| 1870-09-01 | 5.04% | −0.11% | Discount rate |
| 1870-08-01 | 5.15% | +0.05% | Discount rate |
| 1870-07-01 | 5.10% | +0.21% | Discount rate |
| 1870-06-01 | 4.89% | −0.24% | Discount rate |
| 1870-04-01 | 5.13% | +0.24% | Discount rate |
| 1870-03-01 | 4.89% | +0.09% | Discount rate |
| 1870-02-01 | 4.80% | −0.09% | Discount rate |
| 1870-01-01 | 4.89% | −0.01% | Discount rate |
| 1869-11-01 | 4.90% | −0.01% | Discount rate |
| 1869-10-01 | 4.91% | −0.13% | Discount rate |
| 1869-09-01 | 5.04% | −0.60% | Discount rate |
| 1869-08-01 | 5.64% | −0.01% | Discount rate |
| 1869-07-01 | 5.65% | +0.18% | Discount rate |
| 1869-02-01 | 5.47% | −0.01% | Discount rate |
| 1869-01-01 | 5.48% | +0.13% | Discount rate |
| 1868-12-01 | 5.35% | −0.19% | Discount rate |
| 1868-11-01 | 5.54% | −0.07% | Discount rate |
| 1868-10-01 | 5.61% | −0.05% | Discount rate |
| 1868-09-01 | 5.66% | −0.26% | Discount rate |
| 1868-07-01 | 5.92% | +0.36% | Discount rate |
| 1868-06-01 | 5.56% | +0.22% | Discount rate |
| 1868-05-01 | 5.34% | +0.07% | Discount rate |
| 1868-03-01 | 5.27% | +0.28% | Discount rate |
| 1868-02-01 | 4.99% | +0.01% | Discount rate |
| 1868-01-01 | 4.98% | −0.11% | Discount rate |
| 1867-12-01 | 5.09% | −0.14% | Discount rate |
| 1867-11-01 | 5.23% | −0.21% | Discount rate |
| 1867-10-01 | 5.44% | −0.06% | Discount rate |
| 1867-09-01 | 5.50% | −0.10% | Discount rate |
| 1867-07-01 | 5.60% | +0.06% | Discount rate |
| 1867-06-01 | 5.54% | −0.38% | Discount rate |
| 1867-03-01 | 5.92% | −0.08% | Discount rate |
| 1867-01-01 | 6.00% | −0.04% | Discount rate |
| 1866-11-01 | 6.04% | +0.01% | Discount rate |
| 1866-09-01 | 6.03% | −0.18% | Discount rate |
| 1866-08-01 | 6.21% | −0.46% | Discount rate |
| 1866-07-01 | 6.67% | +0.32% | Discount rate |
| 1866-06-01 | 6.35% | +0.55% | Discount rate |
| 1866-05-01 | 5.80% | +1.23% | Discount rate |
| 1866-04-01 | 4.57% | +0.01% | Discount rate |
| 1866-02-01 | 4.56% | +0.12% | Discount rate |
| 1866-01-01 | 4.44% | +0.01% | Discount rate |
| 1865-12-01 | 4.43% | −0.16% | Discount rate |
| 1865-11-01 | 4.59% | −0.26% | Discount rate |
| 1865-10-01 | 4.85% | −0.26% | Discount rate |
| 1865-08-01 | 5.11% | −0.07% | Discount rate |
| 1865-07-01 | 5.18% | −0.30% | Discount rate |
| 1865-06-01 | 5.48% | +0.02% | Discount rate |
| 1865-04-01 | 5.46% | −0.01% | Discount rate |
| 1865-01-01 | 5.47% | −0.57% | Discount rate |
| 1864-11-01 | 6.04% | −0.38% | Discount rate |
| 1864-10-01 | 6.42% | +0.42% | Discount rate |
| 1864-06-01 | 6.00% | +0.07% | Discount rate |
| 1864-05-01 | 5.93% | +0.06% | Discount rate |
| 1864-04-01 | 5.87% | +0.01% | Discount rate |
| 1864-02-01 | 5.86% | +0.06% | Discount rate |
| 1864-01-01 | 5.80% | +0.19% | Discount rate |
| 1863-12-01 | 5.61% | +0.48% | Discount rate |
| 1863-08-01 | 5.13% | −0.16% | Discount rate |
| 1863-07-01 | 5.29% | −0.13% | Discount rate |
| 1863-05-01 | 5.42% | −0.43% | Discount rate |
| 1863-03-01 | 5.85% | +0.35% | Discount rate |
| 1863-02-01 | 5.50% | +0.44% | Discount rate |
| 1862-12-01 | 5.06% | −0.01% | Discount rate |
| 1862-10-01 | 5.07% | −0.09% | Discount rate |
| 1862-09-01 | 5.16% | −0.13% | Discount rate |
| 1862-08-01 | 5.29% | −0.58% | Discount rate |
| 1862-07-01 | 5.87% | +0.34% | Discount rate |
| 1862-06-01 | 5.53% | −0.01% | Discount rate |
| 1862-04-01 | 5.54% | −0.33% | Discount rate |
| 1862-03-01 | 5.87% | +0.16% | Discount rate |
| 1862-02-01 | 5.71% | +0.32% | Discount rate |
| 1862-01-01 | 5.39% | −0.31% | Discount rate |
| 1861-11-01 | 5.70% | −0.17% | Discount rate |
| 1861-09-01 | 5.87% | −0.13% | Discount rate |
| 1861-05-01 | 6.00% | +0.10% | Discount rate |
| 1861-04-01 | 5.90% | +0.48% | Discount rate |
| 1861-03-01 | 5.42% | −0.35% | Discount rate |
| 1860-12-01 | 5.77% | +0.36% | Discount rate |
| 1860-11-01 | 5.41% | −0.36% | Discount rate |
| 1860-09-01 | 5.77% | +0.01% | Discount rate |
| 1860-07-01 | 5.76% | +0.44% | Discount rate |
| 1860-06-01 | 5.32% | +0.01% | Discount rate |
| 1860-04-01 | 5.31% | +0.01% | Discount rate |
| 1860-03-01 | 5.30% | −0.37% | Discount rate |
| 1860-01-01 | 5.67% | +0.02% | Discount rate |
| 1859-08-01 | 5.65% | +0.04% | Discount rate |
| 1859-06-01 | 5.61% | +0.44% | Discount rate |
| 1859-05-01 | 5.17% | +0.14% | Discount rate |
| 1859-04-01 | 5.03% | +0.35% | Discount rate |
| 1859-01-01 | 4.68% | +0.01% | Discount rate |
| 1858-12-01 | 4.67% | −0.02% | Discount rate |
| 1858-11-01 | 4.69% | −0.01% | Discount rate |
| 1858-10-01 | 4.70% | −0.38% | Discount rate |
| 1858-09-01 | 5.08% | −0.08% | Discount rate |
| 1858-08-01 | 5.16% | −0.49% | Discount rate |
| 1858-07-01 | 5.65% | −0.56% | Discount rate |
| 1858-05-01 | 6.21% | −0.48% | Discount rate |
| 1858-04-01 | 6.69% | +0.01% | Discount rate |
| 1858-03-01 | 6.68% | +0.01% | Discount rate |
| 1858-02-01 | 6.67% | +0.18% | Discount rate |
| 1858-01-01 | 6.49% | +0.49% | Discount rate |
| 1856-11-01 | 6.00% | +0.23% | Discount rate |
| 1856-10-01 | 5.77% | +0.11% | Discount rate |
| 1856-09-01 | 5.66% | +0.07% | Discount rate |
| 1856-08-01 | 5.59% | +0.08% | Discount rate |
| 1856-07-01 | 5.51% | +0.32% | Discount rate |
| 1856-05-01 | 5.19% | −0.05% | Discount rate |
| 1856-04-01 | 5.24% | −0.06% | Discount rate |
| 1856-03-01 | 5.30% | −0.31% | Discount rate |
| 1856-01-01 | 5.61% | +0.17% | Discount rate |
| 1855-11-01 | 5.44% | +0.13% | Discount rate |
| 1855-10-01 | 5.31% | +0.31% | Discount rate |
| 1855-09-01 | 5.00% | +0.03% | Discount rate |
| 1855-08-01 | 4.97% | +0.01% | Discount rate |
| 1855-04-01 | 4.96% | +0.31% | Discount rate |
| 1854-10-01 | 4.65% | −0.35% | Discount rate |
| 1854-08-01 | 5.00% | +0.04% | Discount rate |
| 1854-07-01 | 4.96% | +0.32% | Discount rate |
| 1853-12-01 | 4.64% | −0.06% | Discount rate |
| 1853-08-01 | 4.70% | +0.04% | Discount rate |
| 1853-07-01 | 4.66% | −0.41% | Discount rate |
| 1853-04-01 | 5.07% | −0.14% | Discount rate |
| 1853-03-01 | 5.21% | −0.33% | Discount rate |
| 1853-02-01 | 5.54% | +0.54% | Discount rate |
| 1852-10-01 | 5.00% | +0.19% | Discount rate |
| 1852-09-01 | 4.81% | +0.01% | Discount rate |
| 1852-07-01 | 4.80% | +0.01% | Discount rate |
| 1852-05-01 | 4.79% | +0.01% | Discount rate |
| 1852-03-01 | 4.78% | +0.01% | Discount rate |
| 1852-01-01 | 4.77% | +0.01% | Discount rate |
| 1851-11-01 | 4.76% | −0.01% | Discount rate |
| 1851-10-01 | 4.77% | −0.23% | Discount rate |
| 1850-12-01 | 5.00% | −0.08% | Discount rate |
| 1850-10-01 | 5.08% | −0.31% | Discount rate |
| 1850-09-01 | 5.39% | −0.14% | Discount rate |
| 1850-08-01 | 5.53% | −0.47% | Discount rate |
| 1848-08-01 | 6.00% | +0.49% | Discount rate |
| 1848-07-01 | 5.51% | +0.13% | Discount rate |
| 1848-06-01 | 5.38% | +0.38% | Discount rate |
| 1843-04-01 | 5.00% | −0.63% | Discount rate |
| 1841-11-01 | 5.63% | −0.01% | Discount rate |
| 1841-07-01 | 5.64% | −0.01% | Discount rate |
| 1841-02-01 | 5.65% | −0.01% | Discount rate |
| 1840-11-01 | 5.66% | −0.01% | Discount rate |
| 1840-08-01 | 5.67% | −0.01% | Discount rate |
| 1840-05-01 | 5.68% | −0.01% | Discount rate |
| 1840-02-01 | 5.69% | −0.01% | Discount rate |
| 1839-06-01 | 5.70% | −0.01% | Discount rate |
| 1838-12-01 | 5.71% | −0.01% | Discount rate |
| 1838-11-01 | 5.72% | −0.01% | Discount rate |
| 1838-09-01 | 5.73% | −0.01% | Discount rate |
| 1838-08-01 | 5.74% | −0.01% | Discount rate |
| 1838-07-01 | 5.75% | −0.01% | Discount rate |
| 1838-06-01 | 5.76% | −0.01% | Discount rate |
| 1838-04-01 | 5.77% | −0.01% | Discount rate |
| 1838-03-01 | 5.78% | −0.01% | Discount rate |
| 1838-02-01 | 5.79% | −0.01% | Discount rate |
| 1838-01-01 | 5.80% | −0.20% | Discount rate |
| 1825-05-01 | 6.00% | −1.00% | Discount rate |
| 1823-04-01 | 7.00% | −0.50% | Discount rate |
| 1821-02-01 | 7.50% | −0.01% | Discount rate |
| 1820-02-01 | 7.51% | −0.49% | Discount rate |
| 1818-10-01 | 8.00% | — | Discount rate |
2026-05-084.25%
Key policy rate+0.25%
2025-09-194.00%
Key policy rate−0.25%
2025-06-204.25%
Key policy rate−0.25%
2023-12-154.50%
Key policy rate+0.25%
2023-09-224.25%
Key policy rate+0.25%
2023-08-184.00%
Key policy rate+0.25%
2023-06-233.75%
Key policy rate+0.50%
2023-05-053.25%
Key policy rate+0.25%
2023-03-243.00%
Key policy rate+0.25%
2022-12-162.75%
Key policy rate+0.25%
2022-11-042.50%
Key policy rate+0.25%
2022-09-232.25%
Key policy rate+0.50%
Show all 552 decisions
2022-08-191.75%
Key policy rate+0.50%
2022-06-241.25%
Key policy rate+0.50%
2022-03-250.75%
Key policy rate+0.25%
2021-12-170.50%
Key policy rate+0.25%
2021-09-240.25%
Key policy rate+0.25%
2020-05-080.00%
Key policy rate−0.25%
2020-03-230.25%
Key policy rate−0.75%
2020-03-161.00%
Key policy rate−0.50%
2019-09-201.50%
Key policy rate+0.25%
2019-06-211.25%
Key policy rate+0.25%
2019-03-221.00%
Key policy rate+0.25%
2018-09-210.75%
Key policy rate+0.25%
2016-03-180.50%
Key policy rate−0.25%
2015-09-250.75%
Key policy rate−0.25%
2015-06-191.00%
Key policy rate−0.25%
2014-12-121.25%
Key policy rate−0.25%
2012-03-151.50%
Key policy rate−0.25%
2011-12-151.75%
Key policy rate−0.50%
2011-05-132.25%
Key policy rate+0.25%
2010-05-062.00%
Key policy rate+0.25%
2009-12-171.75%
Key policy rate+0.25%
2009-10-291.50%
Key policy rate+0.25%
2009-06-181.25%
Key policy rate−0.25%
2009-05-071.50%
Key policy rate−0.50%
2009-03-262.00%
Key policy rate−0.50%
2009-02-052.50%
Key policy rate−0.50%
2008-12-183.00%
Key policy rate−1.75%
2008-10-304.75%
Key policy rate−0.50%
2008-10-165.25%
Key policy rate−0.50%
2008-06-265.75%
Key policy rate+0.25%
2008-04-245.50%
Key policy rate+0.25%
2007-12-135.25%
Key policy rate+0.25%
2007-09-275.00%
Key policy rate+0.25%
2007-08-164.75%
Key policy rate+0.25%
2007-06-284.50%
Key policy rate+0.25%
2007-05-314.25%
Key policy rate+0.25%
2007-03-164.00%
Key policy rate+0.25%
2007-01-253.75%
Key policy rate+0.25%
2006-12-143.50%
Key policy rate+0.25%
2006-11-023.25%
Key policy rate+0.25%
2006-08-173.00%
Key policy rate+0.25%
2006-06-012.75%
Key policy rate+0.25%
2006-03-172.50%
Key policy rate+0.25%
2005-11-032.25%
Key policy rate+0.25%
2005-07-012.00%
Key policy rate+0.25%
2004-03-121.75%
Key policy rate−0.25%
2004-01-292.00%
Key policy rate−0.25%
2003-12-182.25%
Key policy rate−0.25%
2003-09-182.50%
Key policy rate−0.50%
2003-08-133.00%
Key policy rate−1.00%
2003-06-264.00%
Key policy rate−1.00%
2003-05-025.00%
Key policy rate−0.50%
2003-03-065.50%
Key policy rate−0.50%
2003-01-236.00%
Key policy rate−0.50%
2002-12-126.50%
Key policy rate−0.50%
2002-07-047.00%
Key policy rate+0.50%
2001-12-136.50%
Key policy rate−0.50%
2000-09-217.00%
Key policy rate+0.25%
2000-08-106.75%
Key policy rate+0.50%
2000-06-156.25%
Key policy rate+0.50%
2000-04-135.75%
Key policy rate+0.25%
1999-09-235.50%
Key policy rate−0.50%
1999-06-176.00%
Key policy rate−0.50%
1999-04-266.50%
Key policy rate−0.50%
1999-03-037.00%
Key policy rate−0.50%
1999-01-287.50%
Key policy rate−0.50%
1998-08-258.00%
Key policy rate+1.00%
1998-08-217.00%
Key policy rate+1.50%
1998-08-125.50%
Key policy rate+0.50%
1998-07-065.00%
Key policy rate+0.50%
1998-06-294.50%
Key policy rate+0.25%
1998-05-254.25%
Key policy rate+0.50%
1998-03-193.75%
Key policy rate+0.25%
1997-07-163.50%
Key policy rate+0.25%
1997-01-103.25%
Key policy rate−0.25%
1997-01-093.50%
Key policy rate−0.50%
1996-11-064.00%
Key policy rate−0.50%
1996-03-084.50%
Key policy rate−0.25%
1994-02-094.75%
Key policy rate−0.25%
1993-12-305.00%
Key policy rate+0.25%
1993-11-194.75%
Key policy rate−0.25%
1993-10-265.00%
Key policy rate−0.50%
1993-08-035.50%
Key policy rate−0.50%
1993-06-286.00%
Key policy rate−0.25%
1993-06-216.25%
Key policy rate−0.25%
1993-06-146.50%
Key policy rate−0.25%
1993-04-296.75%
Key policy rate−0.25%
1993-04-267.00%
Key policy rate−0.25%
1993-04-207.25%
Key policy rate−0.25%
1993-04-017.50%
Key policy rate−0.25%
1993-03-127.75%
Key policy rate−0.25%
1993-03-088.00%
Key policy rate−0.25%
1993-02-228.25%
Key policy rate−0.25%
1993-02-088.50%
Key policy rate−0.25%
1993-02-038.75%
Key policy rate−0.25%
1992-11-099.00%
Key policy rate−0.50%
1992-11-029.50%
Key policy rate−0.50%
1992-10-2810.00%
Key policy rate−1.00%
1992-09-0711.00%
Key policy rate+2.00%
1992-04-019.00%
Key policy rate−1.00%
1992-01-0810.00%
Key policy rate+1.50%
1991-09-198.50%
Key policy rate+0.50%
1991-05-288.00%
Key policy rate−0.25%
1991-04-298.25%
Key policy rate−0.25%
1991-01-018.50%
Key policy rate—
1991-01-01: Norges Bank's own key policy rate (sight deposit rate framework) begins 1991-01-01; every change from here is the Bank's own daily series.
1987-01-01: Norges Bank's own discount-rate table (Historical Monetary Statistics) ends in Dec 1986; the level from here is BIS Norway daily, bridging to the start of the key policy rate series in 1991. This window includes the 1986 krone crisis, when the operative rate spiked far above the frozen discount rate.
1983-06-018.00%
Discount rate−1.00%
1979-11-019.00%
Discount rate+2.00%
1978-02-017.00%
Discount rate+1.00%
1976-09-016.00%
Discount rate+1.00%
1975-10-015.00%
Discount rate−0.50%
1974-03-015.50%
Discount rate+1.00%
1969-09-014.50%
Discount rate+1.00%
1955-02-013.50%
Discount rate+1.00%
1946-01-012.50%
Discount rate−0.50%
1940-05-013.00%
Discount rate−1.50%
1939-09-014.50%
Discount rate+1.00%
1938-01-013.50%
Discount rate−0.50%
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Discount rate−0.32%
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Discount rate+0.36%
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Discount rate+0.28%
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Discount rate−0.38%
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Discount rate+0.32%
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Discount rate+0.55%
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Discount rate−0.26%
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Discount rate+0.04%
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Discount rate−0.41%
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Discount rate−0.01%
1851-10-014.77%
Discount rate−0.23%
1850-12-015.00%
Discount rate−0.08%
1850-10-015.08%
Discount rate−0.31%
1850-09-015.39%
Discount rate−0.14%
1850-08-015.53%
Discount rate−0.47%
1848-08-016.00%
Discount rate+0.49%
1848-07-015.51%
Discount rate+0.13%
1848-06-015.38%
Discount rate+0.38%
1843-04-015.00%
Discount rate−0.63%
1841-11-015.63%
Discount rate−0.01%
1841-07-015.64%
Discount rate−0.01%
1841-02-015.65%
Discount rate−0.01%
1840-11-015.66%
Discount rate−0.01%
1840-08-015.67%
Discount rate−0.01%
1840-05-015.68%
Discount rate−0.01%
1840-02-015.69%
Discount rate−0.01%
1839-06-015.70%
Discount rate−0.01%
1838-12-015.71%
Discount rate−0.01%
1838-11-015.72%
Discount rate−0.01%
1838-09-015.73%
Discount rate−0.01%
1838-08-015.74%
Discount rate−0.01%
1838-07-015.75%
Discount rate−0.01%
1838-06-015.76%
Discount rate−0.01%
1838-04-015.77%
Discount rate−0.01%
1838-03-015.78%
Discount rate−0.01%
1838-02-015.79%
Discount rate−0.01%
1838-01-015.80%
Discount rate−0.20%
1825-05-016.00%
Discount rate−1.00%
1823-04-017.00%
Discount rate−0.50%
1821-02-017.50%
Discount rate−0.01%
1820-02-017.51%
Discount rate−0.49%
1818-10-018.00%
Discount rate—
Market-rate spans
Eras where the level is a BIS-observed market rate rather than a decision, summarised at each era's daily extremes.
| Instrument | From | To | Observations | Min | Max |
|---|---|---|---|---|---|
| BIS-derived (operative rate) | 1987-01-02 | 1990-08-27 | 14 | 10.00% | 14.80% |
BIS-derived (operative rate)
1987-01-02 to 1990-08-27 · 14 obs
10.00% – 14.80%
A market era is a traded rate BIS uses as a proxy for the policy stance, not a rate the bank itself set by decision.
Where these numbers come from
Own discount-rate change table (Historical Monetary Statistics for Norway), monthly first-of-month, 1818-10-01 to 1986-12-01. BIS Norway daily bridges 1987-01-01 to 1990-12-31 (including the 1986 krone crisis, when the operative rate ran well above the frozen discount rate -- a real difference, not a parse error). Norges Bank's own key policy rate (from its open-data API), exact daily change dates, from 1991-01-01. BIS Norway daily is compared from 1995 (1991-1994 ran under a fixed exchange-rate corridor system where the key policy rate and BIS's overnight-lending series legitimately differ by a fixed spread) and agrees on 90 of 90 overlapping change dates checked (0.0% disagreement).