Norway's central bank provides $1.6 billion liquidity to banks after Brexit

OSLO (Reuters) - Norway's central bank pumped 13.2 billion Norwegian crowns ($1.56 billion) into the country's commercial banks on Friday in an "F-loan" liquidity auction, it said in a statement following Britain's vote to leave the European Union.

Overall bids from banks had also amounted to 13.2 billion crowns, and the allotment would hence be 100 percent, Norges Bank added.

While the auction, providing cash for June 24-27, is a frequently used policy tool, it came with an unusually early deadline and was accompanied by a statement that said the central bank is continuously assessing the liquidity situation.

The minimum interest rate in the loan was set at 0.50 percent.

(Reporting by Stine Jacobsen, editing by Terje Solsvik)

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