Norway government bonds
Norway's bonds as US funds mark them in their filings (SEC Form N-PORT), by currency. Fund marks as of Jul 2026; they lag the market by about two months.
By currency
| Bonds | Measured against | Count | Spread | 10-year spread | Priced-in 5y odds | 1-month change | Median yield | Held by US funds |
|---|---|---|---|---|---|---|---|---|
| NOK Own-currency bonds | own currency: yield only, no default number | 12 | — | — | — | — | 4.46% | $746.8M |
| USD Developed markets, US-dollar bonds | vs US Treasuries | 1 | n/a | — | — | — | — | $1.7M |
Priced-in odds = spread ÷ (1 − 40% recovery) over five years; it includes a risk premium and overstates actual defaults. Own-currency bonds get a yield and no odds: a government can print its own currency.
Norway's AUD curve
Yield to maturity of each AUD bond US funds hold (4 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Norway's EUR curve
Yield to maturity of each EUR bond US funds hold (4 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Norway's NOK curve
Yield to maturity of each NOK bond US funds hold (13 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Norway's USD curve
Yield to maturity of each USD bond US funds hold (9 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Who holds Norway's debt
Fund series holding Norway's government and government-related bonds in their latest quarterly report: 71 now, 83 a quarter earlier. Names as reported in the filings.
| Fund series | Report | Bonds | Face value | Value |
|---|---|---|---|---|
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND | 2026-07-31 | 15 | $3.12B | $328.2M |
| Dodge & Cox Global Bond Fund | 2026-06-30 | 3 | $2.99B | $291.5M |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 17 | $2.53B | $287.8M |
| Fidelity Series International Developed Markets Bond Index Fund | 2026-06-30 | 10 | $1.97B | $185.6M |
| The Hartford World Bond Fund | 2026-07-31 | 3 | $1.54B | $154.6M |
| iShares Floating Rate Bond ETF | 2026-07-31 | 3 | $142.6M | $143.0M |
| Templeton Global Bond Fund | 2026-06-30 | 1 | $1.38B | $137.4M |
| DFA FIVE-YEAR GLOBAL FIXED INCOME PORTFOLIO | 2026-07-31 | 2 | $108.0M | $108.6M |
| Templeton Global Bond VIP Fund | 2026-06-30 | 1 | $775.7M | $77.0M |
| T. Rowe Price Dynamic Global Bond Fund | 2026-06-30 | 2 | $809.4M | $74.1M |
| State Street(R) SPDR(R) Bloomberg Investment Grade Floating Rate ETF | 2026-06-30 | 2 | $39.1M | $39.2M |
| Strategic Income Opportunities Fund | 2026-05-31 | 5 | $320.2M | $31.6M |
| Income Fund | 2026-05-31 | 8 | $229.7M | $25.0M |
| iShares Core International Aggregate Bond ETF | 2026-07-31 | 21 | $180.7M | $21.2M |
| iShares International Treasury Bond ETF | 2026-07-31 | 11 | $201.5M | $19.5M |
| Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 3 | $23.7M | $19.1M |
| Brighthouse/Templeton International Bond Portfolio | 2026-06-30 | 1 | $164.8M | $16.4M |
| DFA Short-Duration Real Return Portfolio | 2026-07-31 | 1 | $13.2M | $13.2M |
| LVIP Mondrian Global Income Fund | 2026-06-30 | 3 | $122.2M | $11.5M |
| Nuveen International Aggregate Bond ETF | 2026-06-30 | 16 | $98.5M | $10.0M |
ETFs holding Norway's bonds
From each ETF's own latest N-PORT report, as a share of its net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Value | % of net assets |
|---|---|---|---|---|
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 17 | $287.8M | 0.23% |
| FLOT iShares Floating Rate Bond ETF | 2026-07-31 | 3 | $143.0M | 1.39% |
| FLRN State Street(R) SPDR(R) Bloomberg Investment Grade Floating Rate ETF | 2026-06-30 | 2 | $39.2M | 1.32% |
| IAGG iShares Core International Aggregate Bond ETF | 2026-07-31 | 21 | $21.2M | 0.19% |
| IGOV iShares International Treasury Bond ETF | 2026-07-31 | 11 | $19.5M | 1.28% |
| DFSD Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 3 | $19.1M | 0.27% |
| NXUS Nuveen International Aggregate Bond ETF | 2026-06-30 | 16 | $10.0M | 0.26% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 5 | $8.7M | 0.02% |
| DFCF Dimensional Core Fixed Income ETF | 2026-07-31 | 2 | $7.3M | 0.07% |
| PICB Invesco International Corporate Bond ETF | 2026-07-31 | 10 | $6.7M | 1.86% |
| BWX State Street(R) SPDR(R) Bloomberg International Treasury Bond ETF | 2026-06-30 | 11 | $5.7M | 0.42% |
| ISHG iShares 1-3 Year International Treasury Bond ETF | 2026-07-31 | 1 | $5.6M | 0.67% |
| ISTB iShares Core 1-5 Year USD Bond ETF | 2026-07-31 | 6 | $3.8M | 0.07% |
| DIAL Columbia Diversified Fixed Income Allocation ETF | 2026-07-31 | 2 | $3.4M | 0.88% |
| DGCB Dimensional Global Credit ETF | 2026-07-31 | 1 | $1.1M | 0.10% |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.