Search: Nominal interest rate
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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
The Term Structure of Interest Rates, Real Activity and Inflation
1 May 1992
RDP
9204
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1992/9204.html
Theory
1 May 1992
RDP
9204
This relationship between the interest rates on long and short bonds should hold in both nominal and real terms. ... The issue of to what extent nominal interest rates reflect inflationary expectations is taken up in more detail in Section 4.
https://www.rba.gov.au/publications/rdp/1992/9204/theory.html
Summary and Conclusions
1 May 1992
RDP
9204
RDP 9204: The Term Structure of Interest Rates, Real Activity and Inflation 5. ... If expected inflation affects only nominal interest rates and has no effect on real rates then the slope of the nominal yield curve should provide no information about the
https://www.rba.gov.au/publications/rdp/1992/9204/summary-and-conclusions.html
Introduction
1 May 1992
RDP
9204
RDP 9204: The Term Structure of Interest Rates, Real Activity and Inflation 1. ... It introduces a long term interest rate into a Keynesian model with long-run monetary neutrality.
https://www.rba.gov.au/publications/rdp/1992/9204/introduction.html
The Yield Curve and Changes in Inflation
1 May 1992
RDP
9204
if the nominal m period interest rate and. the real m period interest rate. ... is the difference between the m period nominal interest rate and the n period nominal interest rate at time t.
https://www.rba.gov.au/publications/rdp/1992/9204/yield-curve-and-changes-in-inflation.html