Search: interest rate
RBA Glossary definition for interest rate
interest rate – The term used to describe the cost of borrowing money or the return to the owner of the funds which are invested or lent out. It is usually expressed as a percent per annum of the amount of money borrowed, lent or invested.
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International and Foreign Exchange Markets
10 Feb 2007
SMP
– February 2007
European countries still have interest rates a little lower than what is commonly regarded as normal. ... Despite the Bank of Japan's decision to end the zero interest rate policy in July, the level of interest rates in Japan remains very low.
https://www.rba.gov.au/publications/smp/2007/feb/intl-fx-mkts.html
Domestic Financial Conditions
8 May 2020
SMP
– May 2020
Interest rates on outstanding variable-rate housing loans have declined by around 100 basis points over that period, reflecting the decline in SVRs, as well as the downward drift due to ... A number of banks, including the major banks, announced
https://www.rba.gov.au/publications/smp/2020/may/domestic-financial-conditions.html
Domestic Financial Conditions
8 Nov 2019
SMP
– November 2019
Graph 3.11. Housing interest rates paid had already been drifting lower prior to the reductions in the cash rate and SVRs. ... This is consistent with lower rates on interest rate swaps, which are often used as a pricing benchmark for these loans.
https://www.rba.gov.au/publications/smp/2019/nov/domestic-financial-conditions.html
Domestic Financial Conditions
6 Aug 2021
SMP
– August 2021
Borrowers reaching the end of their fixed-rate period have been able to obtain more favourable interest rates now on offer. ... Table 3.1: Average Outstanding Housing Rates. June 2021. Interest rate. (Per cent). Change since February 2020.
https://www.rba.gov.au/publications/smp/2021/aug/domestic-financial-conditions.html
Domestic Financial Markets and Conditions
7 Feb 2006
SMP
– February 2006
Domestic interest rates have moved in a narrow range over the past 12 months or so. ... One issue here is that lenders have become more aggressive in marketing loans with increased discounting of interest rates and lowering of credit standards.
https://www.rba.gov.au/publications/smp/2006/feb/dom-fin-mkts.html
Box C: Do Borrowers with Older Mortgages Pay Higher Interest Rates?
6 Feb 2020
SMP
– February 2020
For variable-rate mortgages, older loans typically have higher interest rates than new loans, even for borrowers with similar characteristics. ... The difference in interest rates between new and outstanding variable-rate home loans increases with the
https://www.rba.gov.au/publications/smp/2020/feb/box-c-do-borrowers-with-older-mortgages-pay-higher-interest-rates.html
Domestic Financial Markets and Conditions
10 Feb 2007
SMP
– February 2007
One of the features of housing interest rates over recent years has been lenders' tendency to discount, relative to the indicator rate, the actual rate that borrowers pay. ... Interest rates on fixed-rate loans did not rise as much as those on
https://www.rba.gov.au/publications/smp/2007/feb/dom-fin-mkts.html
International and Foreign Exchange Markets
10 May 2007
SMP
– May 2007
These include the fact that inflation and interest rates remain low in Japan. ... Market expectations of a domestic interest rate increase have at times also supported the currency.
https://www.rba.gov.au/publications/smp/2007/may/intl-fx-mkts.html
Domestic Financial Conditions
27 Nov 2018
SMP
– November 2018
Table 3.1 Intermediaries' Fixed and Variable Lending Rates. Interest rate Per cent. ... Graph 3.18. Table 3.3 Intermediaries' Fixed and Business Lending Rates. Interest rate Per cent.
https://www.rba.gov.au/publications/smp/2018/nov/domestic-financial-conditions.html
International and Foreign Exchange Markets
7 Feb 2006
SMP
– February 2006
Policy interest rates in Japan have been at zero for more than five years now. ... 8. Source: Bloomberg. The US market rose less than most last year despite strong corporate earnings, possibly because of rising official interest rates (Graph 20).
https://www.rba.gov.au/publications/smp/2006/feb/intl-fx-mkts.html