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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The Australian Financial System in the 1990s | Conference – 2000
21 Jun 1990
Conferences
The rise in indebtedness was, in part, made possible by the fall in nominal interest rates in the early 1990s. ... Relatively low nominal interest rates meant that interest-servicing burdens were low for much of the decade.
https://www.rba.gov.au/publications/confs/2000/gizycki-lowe.html
The Debate on Alternatives for Monetary Policy in Australia
7 Dec 2006
Conferences
PDF
85KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/edey.pdf
Pandemic-Era Inflation Drivers and Global Spillovers
23 Nov 2023
Conferences
PDF
797KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-di-giovanni-kalemli-ozcan-silva-yildirim.pdf
Internationalisation and the Macroeconomy | Conference – 1994
11 Jul 1994
Conferences
Therefore, rather than modelling equilibrium in the money market, it is more straightforward to recognise that the short-term nominal interest rate is set by the central bank. ... Second, rather than modelling equilibrium in the domestic money market,
https://www.rba.gov.au/publications/confs/1994/gruen-shuetrim.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
The Rise in US Household Indebtedness: Causes and Consequences | Conference – 2007
20 Aug 2007
Conferences
In particular, when inflation is lower the same real interest rate will be associated with a lower nominal interest rate, which means that the ratio of nominal interest payments to nominal ... Thus, the average interest rate on household debt responds
https://www.rba.gov.au/publications/confs/2007/dynan-kohn.html
Inflation: Performance and Policy | Conference – 1990
21 Jun 1990
Conferences
Ignoring cross-product terms, the following identities define the relationships between real and nominal interest rates pre and post tax:. ... To the extent that inflation is anticipated, this compensation for erosion of principal value will be included
https://www.rba.gov.au/publications/confs/1990/carmichael.html
A Factor Model Analysis of the Effects of Inflation Targeting on the Australian Economy | Conference – 2018
12 Apr 2018
Conferences
that includes the ‘real’ and ‘nominal’ factors from our approximate dynamic factor model and the policy interest rate. ... more to ‘nominal’ variables, such as prices, money, credit, and interest rates.
https://www.rba.gov.au/publications/confs/2018/hartigan-morley.html
Which Monetary-policy Regime for Australia? | Conference – 1997
21 Jul 1997
Conferences
Taylor Rule:. where:. i = nominal interest rate;. r = real interest rate;. ... Gagnon, J. and D. Henderson (1990), ‘Nominal Interest Rate Pegging under Alternative Expectations Hypotheses’, in P.
https://www.rba.gov.au/publications/confs/1997/mckibbin.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