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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Domestic Financial Markets and Conditions
10 Aug 2006
SMP
– August 2006
Regarding business loans, intermediaries also increased their indicator rates on variable-rate business loans by 25 basis points after the May tightening. ... for housing, particularly at fixed interest rates.
https://www.rba.gov.au/publications/smp/2006/aug/dom-fin-mkts.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
Statement on Monetary Policy
6 Dec 2023
SMP
- August 2023
PDF
9542KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/statement-on-monetary-policy-2023-08.pdf
The Year in Review
9 Mar 2023
RBA Annual Report
– 1989
As the economy moves into 1989/90, monetary conditions are tight with short-term interest rates high in both nominal and real terms. ... However, this is not the primary objective. In fact, in the short run, there may be perverse effects on the balance
https://www.rba.gov.au/publications/annual-reports/rba/1989/year-review.html
Inflation
5 May 2023
SMP
- May 2023
PDF
1366KB
https://www.rba.gov.au/publications/smp/2023/may/pdf/04-inflation.pdf
List of tables
10 Aug 2016
SMP
– August 2016
Prior to the August cash rate reduction. Interest rate. Change since April 2016. ... e) Weighted average of variable rate products. (f) Residentially secured, average of the major banks' advertised rates.
https://www.rba.gov.au/publications/smp/2016/aug/tables.html
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
List of tables
15 May 2017
SMP
– May 2017
Sources: APRA; RBA. Table 4.2: Intermediaries' Lending Rates. Interest rate. Change since November 2016. ... Variable principal-and-interest rate. (a)(b). – Owner-occupier. 4.48. 3. 30. – Investor.
https://www.rba.gov.au/publications/smp/2017/may/tables.html
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
Domestic Financial Markets and Conditions
10 Feb 2007
SMP
– February 2007
One of the features of housing interest rates over recent years has been lenders' tendency to discount, relative to the indicator rate, the actual rate that borrowers pay. ... Interest rates on fixed-rate loans did not rise as much as those on
https://www.rba.gov.au/publications/smp/2007/feb/dom-fin-mkts.html