Norway will complete its 2025 bond issuance plan by auctioning off bonds maturing in 2029 and 2034.

Norway is scheduled to complete its government bond issuance plan for 2025 on Wednesday, auctioning off 20 billion Norwegian krone in bonds maturing in 2029 and 2034. Danish bank analyst Kirstine Kundby-Nielsen stated in a report, "This is the last auction of [Norway] for 2025, at which point the Norwegian central bank will have sold a total of 105 billion Norwegian krone, which is at the upper limit of the issuance range." In 2025, the Norwegian central bank's target is to issue government bonds worth 950 billion to 1,050 billion Norwegian krone. Demand for bonds maturing in 2029 has been steady in previous auctions. Kundby-Nielsen stated that considering the Danish bank's forecast of at least two interest rate cuts in 2026, the valuation of the bonds also appears low. Norway will announce its bond issuance plan for 2026 on December 12th.