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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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
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
The Transmission of Monetary Policy through Banks' Balance Sheets | Conference – 2018
12 Apr 2018
Conferences
risk that future short-term interest rates will not turn out as expected (interest rate risk). ... The effect of the cash rate on provisioning rates may diminish at low interest rates.
https://www.rba.gov.au/publications/confs/2018/brassil-cheshire-muscatello.html
The Exchange Rate and Macroeconomic Policy in Australia | Conference – 1993
12 Jul 1993
Conferences
where variables not previously defined are:. M nominal money supply. i nominal interest rate. ... It is worth mentioning these qualifications briefly. Relaxing the Mundell-Fleming model assumption that exchange rate expectations are static introduces the
https://www.rba.gov.au/publications/confs/1993/pitchford.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
The Consequences of Low Interest Rates for the Australian Banking Sector
29 Dec 2022
Conferences
PDF
1221KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-brassil.pdf
The Welfare Effects of Alternative Choices of Instruments and Targets for Macroeconomic Stabilisation Policy | Conference – 1997
21 Jul 1997
Conferences
If real interest rates are constant, variations in the inflation rate translate directly into variations in the nominal interest rate, and only the return to cash is affected. ... Short-term inflationary shocks – those that had no significant effect on
https://www.rba.gov.au/publications/confs/1997/quiggin.html
Discussion of The Economics of Low Interest Rates
29 Dec 2022
Conferences
PDF
2707KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-mian-discussion.pdf
The Exchange Rate and Macroeconomic Policy in Australia
12 Feb 2007
Conferences
PDF
182KB
RBA Conference Volume 1993
https://www.rba.gov.au/publications/confs/1993/pdf/pitchford.pdf
Discussion on Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting? | Conference – 2004
9 Aug 2004
Conferences
The transition to deflation differs from disinflation because of the zero lower bound in nominal wage growth, if any, and nominal interest rates. ... Whatever the deficiency, from Taka's point of view, of the Bank of Japan's commitment to keep nominal
https://www.rba.gov.au/publications/confs/2004/ito-disc.html