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.
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Statement by the Reserve Bank Board: Monetary Policy Decision
19 Mar 2024
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2024/mr-24-05.html
Statement by Michele Bullock, Governor: Monetary Policy Decision
5 Dec 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-35.html
Statement by the Governor, Mr Bernie Fraser: Monetary Policy to Tighten
17 Aug 1994
Media Releases
Announcement of increase in the cash rate by 0.75 per cent to 5.50 per cent
https://www.rba.gov.au/media-releases/1994/mr-94-11.html
Statement by Michele Bullock, Governor: Monetary Policy Decision
3 Oct 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-25.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
5 Sep 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-23.html
Changes to Eligible Securities and Margining for Domestic Market Operations
16 Nov 2011
Media Releases
Interest rate arrangements for the Bank's intraday and overnight repo facilities are unchanged. ... Overnight repos will be contracted at 25 basis points above the cash rate target, while all intraday repos will be provided without any interest charge.
https://www.rba.gov.au/media-releases/2011/mr-11-26.html
RESERVE BANK OF AUSTRALIA FOREIGN EXCHANGE SETTLEMENTPRACTICES IN AUSTRALIA ...
18 Dec 1997
Media Release
PDF
268KB
Generally,they have no commercial interest in the final settlement of the foreign currency leg. ... be held against exchange rate risk, from the time that thetransaction is entered into until settlement).
https://www.rba.gov.au/media-releases/1997/pdf/fxsp.pdf
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Aug 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-19.html
Attachment
1 Nov 2001
Media Release
PDF
31KB
the rate established in the short-term money market on loans for one day. ... Over time, there are consequential effects on interest rates more generally, including short-term security yields and rates for housing, corporate and personal loans.
https://www.rba.gov.au/media-releases/1992/pdf/mr-92-03-attach.pdf
Statement by Philip Lowe, Governor: Monetary Policy Decision
4 Jul 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-16.html