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OSLO: The Norwegian central bank awarded 250 million Norwegian crowns ($30.51 million) year-end liquidity to commercial banks on Friday, in the form of a Dec. 29 to Jan. 2 F-loan, it said in a statement.
Norges Bank had promised a full allotment to all bidders at a predetermined interest rate of 0.65 percent, equal to its key policy rate plus 15 basis points, to ensure that banks would have access to the funds they need.
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