The demand for kroner has this time often been triggered by a forward transaction in which the bank’s income matches the negative interest rate on certificates of deposit. At the same time, the current environment of low or even negative interest rates seems to have led to a wave of remortgaging. That will also help to fill the credit institutions’ coffers.
As I explained earlier, yield curve control can facilitate the formation of the yield curve that is deemed most appropriate for maintaining the momentum toward achieving the price stability target of 2 percent, taking account of developments in economic activity and prices as well as  7  financial conditions. The Bank will continue to conduct monetary policy based on this principle.