More info: Central bank policies

As of 24 March. Please note this section is being continuously updated.

Interest rates

On 12 March, the central interest rate (the "policy" rate" was decreased with 0.5 ppts from 1.5% to 1%
On 20 March, it was decreased further, with 0.75 ppts, to 0.25%, effective as of 23 March 2020
The policy rate is the interest rate banks receive on deposits up to their individual quotas in Norges Bank, also referred to as the sight deposit rate. The sight deposit rate has been the policy rate since June 1993

Capital buffer

On 12 March, based on advice from Norges Bank, the Ministry of Finance also decided to reduce the countercyclical capital buffer for banks from 2.5% to 1%.

F-loans

An F-loan is the primary instrument used to provide liquidity to the banking system. Norges Bank reduces the quantity of reserves in the banking system by providing banks with F-deposits
To ensure that the policy rate passes through to money market rates, Norges Bank also decided on 12 March to offer extraordinary three-month F-loans to banks for as long as deemed necessary.
The F-loans will be fully allotted
On 19 March, the policy was extended to offer additional extraordinary NOK F-loans
The extraordinary F-loans will have a maturity of one week, one month, three months, six months and twelve months
This setup seems similar to Sweden's, with the banks bearing all counterparty risk and setting the loan terms themselves

Link to the official policy rate website