Search: Nominal interest rate
RBA Glossary definition for Nominal interest rate
Nominal interest rate – The nominal interest rate refers to the cost of borrowing money before adjustment for inflation i.e. it includes compensation for the expected erosion of the value of the borrowed funds due to inflation. It is the cost visible to the borrower, and is composed of the real interest rate plus inflation.
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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Semi-Annual Statement on Monetary Policy
10 Nov 1999
Bulletin
– November 1999
That this stance has been expansionary is clear not only from the levels of nominal and real interest rates, which for borrowers have been below the lows reached in the early ... Nevertheless, activity there remains vulnerable to recent increases in
https://www.rba.gov.au/publications/bulletin/1999/nov/1.html
What are the Global Imbalances?
10 Oct 2005
Bulletin
– October 2005
real interest rates in the United States would rise as borrowers competed for funds. ... The low level of nominal interest rates may be partly explained by the forces already cited which have held down inflation.
https://www.rba.gov.au/publications/bulletin/2005/oct/3.html
Banknotes
12 Apr 2020
RBA Annual Report
– 2020
In 2019/20, around 21,000 counterfeits, with a nominal value of $1.6 million, were detected in circulation. ... Total. Number. 29. 27. 244. 9,821. 11,353. 21,474. Nominal value ($).
https://www.rba.gov.au/publications/annual-reports/rba/2020/banknotes.html
2023
14 Dec 2022
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2023/
Statement on Monetary Policy
10 Aug 2005
Bulletin
– August 2005
Statement on Monetary Policy-August 2005
https://www.rba.gov.au/publications/bulletin/2005/aug/1.html
Statement on Monetary Policy
10 Aug 2004
Bulletin
– August 2004
With US interest rates still well below historical norms, markets expect additional tightening, and a further increase in the funds rate of 100 basis points is currently priced in over the ... In Australia, market interest rate expectations remained
https://www.rba.gov.au/publications/bulletin/2004/aug/1.html
Statement on Monetary Policy
10 Nov 2003
Bulletin
– May 2003
At that time, the rise was largely driven by expectations that other countries would cut interest rates further due to weak growth. ... months. Selling of Treasury securities by holders of mortgage-related debt, in order to hedge their increasing interest
https://www.rba.gov.au/publications/bulletin/2003/nov/1.html
Note 1 – Summary of Accounting Policies | Financial Statements
3 Aug 1999
RBA Annual Report
– 1999
The Bank engages in interest rate futures and foreign currency swaps, and has purchased call options. ... Interest rate futures, foreign currency swaps and call options purchased are off-balance sheet items.
https://www.rba.gov.au/publications/annual-reports/rba/1999/fin-statements/note-1.html
Note 1 | Financial Statements
20 Aug 2009
RBA Annual Report
– 2009
The pricing of the swap must therefore reflect the interest rates applicable to these money market transactions. ... Interest rates are implicit in the swap contract but interest itself is not paid or received.
https://www.rba.gov.au/publications/annual-reports/rba/2009/fin-statements/note-1.html
Statement on Monetary Policy
10 Feb 2005
Bulletin
– February 2005
Rising household wealth and still low interest rates have also provided a boost to consumption. ... Against this backdrop, the Federal Reserve has continued the process of normalising interest rates, lifting the federal funds rate by 25 basis points at
https://www.rba.gov.au/publications/bulletin/2005/feb/1.html