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.
Search Results
Statement on Monetary Policy
6 Feb 2024
SMP
- February 2024
PDF
4547KB
https://www.rba.gov.au/publications/smp/2024/feb/pdf/statement-on-monetary-policy-2024-02.pdf
Statement on Monetary Policy
20 Nov 2023
SMP
- November 2023
PDF
9530KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/statement-on-monetary-policy-2023-11.pdf
Household and Business Finances in Australia
25 Apr 2023
FSR
- April 2023
PDF
1112KB
https://www.rba.gov.au/publications/fsr/2023/apr/pdf/03-household-business-finances.pdf
Domestic Financial Conditions
6 Dec 2023
SMP
- August 2023
PDF
2357KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/03-domestic-financial-conditions.pdf
The Australian Financial System
21 Nov 2022
FSR
- October 2022
PDF
1212KB
https://www.rba.gov.au/publications/fsr/2022/oct/pdf/03-australian-financial-system.pdf
2. Resilience of Australian Households and Businesses
9 Oct 2023
FSR
- October 2023
PDF
1571KB
https://www.rba.gov.au/publications/fsr/2023/oct/pdf/02-household-business-finances-in-australia.pdf
Financial Stability Review
21 Nov 2022
FSR
- October 2022
PDF
5119KB
https://www.rba.gov.au/publications/fsr/2022/oct/pdf/financial-stability-review-2022-10.pdf
Overview
12 Feb 2023
SMP
- February 2023
PDF
64KB
https://www.rba.gov.au/publications/smp/2023/feb/pdf/overview.pdf
Financial Stability Review
18 Nov 2022
FSR
- April 2022
PDF
2740KB
https://www.rba.gov.au/publications/fsr/2022/apr/pdf/financial-stability-review-2022-04.pdf
Statement on Monetary Policy
30 Jul 2003
SMP
PDF
44KB
The nominalpayments may be based on either a fixedinterest rate or a variable interest rate suchas the bank bill rate. ... In terms of those looking to enter intoswaps that pay an inflation-indexed rate andreceive a nominal interest rate, the chief
https://www.rba.gov.au/publications/smp/2001/aug/pdf/box-c.pdf