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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.

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Nominal Interest Rates and Inflation: 1961–1989

1 Jun 1991 RDP 9104
Michele Bullock and Mark Rider
Over the 1975–79 period, the relationship between nominal interest rates and inflation strengthened. ... b) Average nominal interest rate: For each period an average of monthly data on interest rates is calculated.
https://www.rba.gov.au/publications/rdp/1991/9104/nominal-interest-rates-and-inflation-1961-1989.html
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Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in Australia

27 Feb 2018 RDP 2018-02
Jonathan Hambur and Richard Finlay
financial markets, inflation, interest rates, modelling, money. We outline a ‘workhorse’ affine term structure model of nominal and real interest rates in Australia. ... The model allows us to decompose observed yields paid on nominal and
https://www.rba.gov.au/publications/rdp/2018/2018-02.html
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The Effect of Steady Inflation on Interest Rates and the Real Exchange Rate in a World with Free Capital Flows

1 Feb 1991 RDP 9101
David W.R. Gruen
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1991/9101.html
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Appendix

1 Dec 1989 RDP 8908
Ian Macfarlane and W.J. Tease
i. t. =. k-period domestic nominal interest rate in period t; and. ... i. t. =. k-period foreign interest rate in period t. Equation (7) states that the differential between k-period nominal interest rates equals the expected change in the exchange rate
https://www.rba.gov.au/publications/rdp/1989/8908/appendix.html
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Glossary

2 May 2023
A glossary of terms used on the RBA website
https://www.rba.gov.au/glossary/

Changes to Statistical Tables

24 May 2023 Statistics
Table F7 – Business lending rates – will present average business lending rates by business size (small, medium, and large) and interest rate type. ... Table F8 – Personal lending rates – will present average interest rates for various types of
https://www.rba.gov.au/statistics/tables/changes-to-tables.html

Housing Prices, Mortgage Interest Rates and the Rising Share of Capital Income in the United States

9 Jun 2016 RDP 2016-04
Gianni La Cava
In effect, I argue that the fall in nominal interest rates over the 1980s and 1990s raised the demand for housing and pushed up housing prices and rents (relative to ... I estimate that the long-term decline in interest rates can explain more than half
https://www.rba.gov.au/publications/rdp/2016/2016-04.html
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Low Interest Rate Environments and Risk

8 Oct 2015 Speech
John Simon
Speech by John Simon at the Paul Woolley Centre for the study of Capital Market Dysfunctionality Conference, Sydney
https://www.rba.gov.au/speeches/2015/sp-so-2015-10-08.html

Box C: Interest Rate Risk in the Australian Financial System

10 Apr 2018 FSR – April 2018
real interest rates rose (by the equivalent of one-quarter of the current nominal risk-free interest rate) or if nominal interest rates increased (by 125 basis points) because of a ... Graph C3. In contrast, an increase in nominal interest rates arising
https://www.rba.gov.au/publications/fsr/2018/apr/box-c.html

The Neutral Rate: The Pole-star Casts Faint Light

12 Oct 2022 Speech
Luci Ellis
Speech delivered by Luci Ellis, Assistant Governor (Economic), to Citi Australia & New Zealand Investment Conference, Sydney
https://www.rba.gov.au/speeches/2022/sp-ag-2022-10-12.html