Concept variable
Monetary aggregate M1
Norwegian (bokmål) | |
Name | Monetary aggregate M1 |
---|---|
Definition | Narrow money M1 is defined as the money-holding sector's stock of Norwegian banknotes and coins (currency in circulation) and their deposits in transaction accounts in Norwegian kroner and foreign currency. Bank deposits in transaction accounts compromises deposits which it regardless of purpose may be made payments and withdrawals from directly, without additional costs beyond regular transaction fees (overnight deposits). |
Valid from | |
Valid to | |
Owner | 960 - Division for financial corporations |
Statistical unit | Enterprise |
Subject | 11.01 - Shares, bonds, share prices, exchange rates |
Linked to StatBank tables |