Norges Bank’s market operations fixed after global outage
Liquidity operations resumed on Friday following hourly calls with third-party service provider
Norges Bank’s market operations resumed on July 19 following temporary disruption caused by the global IT outages.
A spokesperson for the Norwegian central bank told Central Banking that the disruption had been caused by technical issues with a third party, Intility, that provides cloud services. It said that these issues had led to problems with the F-auction system that the bank uses to manage the level of reserves in the financial system.
Bloomberg reported that F-deposits, which Norges Bank
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