March 26, 2020 / 2:11 PM / 10 days ago

Norway injects $1.08 bln in bank auction, far less than offered

OSLO, March 26 (Reuters) - A Norwegian central bank auction of U.S. dollar liquidity for the banking industry was not fully subscribed, Norges Bank said on Thursday, in a sign of modest appetite for the American currency.

Banks asked for a total of just $1.075 billion, Norges Bank said, while the maximum amount available in the three-month auction was $5 billion. (Reporting by Terje Solsvik; editing by Victoria Klesty)

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