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
Domestic Economic Conditions
5 May 2023
SMP
- May 2023
PDF
1548KB
https://www.rba.gov.au/publications/smp/2023/may/pdf/02-domestic-economic-conditions.pdf
Financial Stability Review
1 Apr 2004
FSR
PDF
611KB
Nominal interest rates in all the key fi nancial centres are at very low levels and have been so over an extended period. ... In the past few years, Australian fi rms have become more exposed to fl uctuations in interest rates with a trend away from fi
https://www.rba.gov.au/publications/fsr/2004/mar/pdf/0304.pdf
Economic Outlook
5 May 2023
SMP
- May 2023
PDF
684KB
https://www.rba.gov.au/publications/smp/2023/may/pdf/05-economic-outlook.pdf
Domestic Financial Conditions
20 Nov 2023
SMP
- November 2023
PDF
2300KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/03-domestic-financial-conditions.pdf
Box B: Recent Trends in Personal Credit
10 Feb 2020
FSR
April 2018
PDF
640KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/box-b.pdf
Financial Stability Review - September 2005
26 Sep 2005
FSR
- September 2005
PDF
494KB
https://www.rba.gov.au/publications/fsr/2005/sep/pdf/0905.pdf
The Global Financial Environment
25 Apr 2023
FSR
- April 2023
PDF
1225KB
https://www.rba.gov.au/publications/fsr/2023/apr/pdf/01-global-financial-environment.pdf
Statement on Monetary Policy
30 Jul 2003
SMP
PDF
47KB
This takes account ofthe fact that part of the nominal interest thatborrowers agree to pay to lenders representscompensation for anticipated inflation. ... Another important issue is thatmeasures of real interest rates should ideallybe constructed from
https://www.rba.gov.au/publications/smp/2001/feb/pdf/box-b.pdf
Box A: Rates of Indebted Home Ownership
23 Sep 2005
FSR
- September 2005
PDF
52KB
https://www.rba.gov.au/publications/fsr/2005/sep/pdf/box-a.pdf
Statement on Monetary Policy
5 May 2023
SMP
- May 2023
PDF
9302KB
https://www.rba.gov.au/publications/smp/2023/may/pdf/statement-on-monetary-policy-2023-05.pdf