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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Developments in Financial Intermediation | Reserve Bank of Australia Annual Report - 1995
31 Dec 1995
Annual Report
With the jump in corporate leverage in the 1980s, corporate cash flows became much more sensitive to changes in nominal interest rates. ... of the margin between interest rates on standard variable-rate loans and short-term money market interest rates.
https://www.rba.gov.au/publications/annual-reports/rba/1995/develop-fin-inte.html
Domestic Financial Conditions
4 Aug 2023
SMP
– August 2023
Domestic Financial Conditions | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/domestic-financial-conditions.html
Domestic Financial Conditions
10 Feb 2023
SMP
– February 2023
Interest rates on new variable-rate loans remain around 50 basis points lower than rates on outstanding variable-rate loans. ... Graph 3.22. Table 3.2: Average Outstanding Housing Rates. December 2022. Interest rate in Dec 2022.
https://www.rba.gov.au/publications/smp/2023/feb/domestic-financial-conditions.html
Economic Outlook
4 Nov 2022
SMP
– November 2022
However, high inflation and rising interest rates are raising the cost of living and will weigh on households income and spending in real terms. ... In particular, expectations for further increases in interest rates, rising construction costs and
https://www.rba.gov.au/publications/smp/2022/nov/economic-outlook.html
Banknotes
27 Oct 2022
RBA Annual Report
– October 2022
In 2021/22, the amount of interest payments to the banks for this purpose was very low, reflecting the low interest rate environment. ... That said, the opportunity cost of holding banknotes has also fallen in line with low interest rates.
https://www.rba.gov.au/publications/annual-reports/rba/2022/banknotes.html
Domestic Financial Conditions
6 May 2022
SMP
– May 2022
Interest rates on outstanding housing and business loans remained low, despite increases in interest rates on some new fixed-rate loans. ... Table 3.1: Average Outstanding Housing Rates. March 2022. Interest rate. (per cent). Change since Feb 2021.
https://www.rba.gov.au/publications/smp/2022/may/domestic-financial-conditions.html
Economic Outlook
10 Feb 2023
SMP
– February 2023
low savings) are finding it hard to adjust to higher interest rates and higher inflation. ... Many households are well placed to absorb higher interest rate costs without significant spending cuts.
https://www.rba.gov.au/publications/smp/2023/feb/economic-outlook.html
Financial Markets and The Bank's Operations | Reserve Bank of Australia Annual Report - 1992
30 Jun 1992
Annual Report
Bank interest rates on standard variable-rate housing loans to owner-occupiers are at least 3 percentage points lower than a year ago. ... Another general point to remember is that high nominal interest rates embody a premium to compensate depositors for
https://www.rba.gov.au/publications/annual-reports/rba/1992/fin-markets.html
Note 1 – Summary of Accounting Policies | Financial Statements
28 Jul 2004
RBA Annual Report
– 2004
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/2004/fin-statements/note-1.html
Outlook
7 May 2024
SMP
– May 2024
Outlook | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/outlook.html