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The Varangian name of the city Holmgård/Holmgard (Holmgarðr or Holmgarðir) is mentioned in Norse Sagas as existing at a yet earlier stage, but the correlation of this reference with the actual city is uncertain.

First mention of this Nordic or Germanic etymology to the name of the city of Novgorod (and that of other cities within the territory of the then Kievan Rus') occurs in the 10th-century policy manual De Administrando Imperio by Byzantine emperor Constantine VII.

Slightly predating the chronology of the legend of Rurik (which dates the first Norse arrival in the region around 858–860), an earlier record for the Scandinavian settlement of the region is found in the Annales Bertiniani (written up until 882) where a Rus' delegation is mentioned as having visited Constantinople in 838 and, intending to return to the Rus' Khaganate via the Baltic Sea, were questioned by Frankish Emperor Louis the Pious at Ingelheim am Rhein, where they said that although their origin was Swedish, they had settled in Northern Rus' under a leader who they designated as chacanus (the Latin form of Khagan, a title they had likely borrowed from contact with the Avars).

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