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41–50 of 286 search results for 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.

Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Dec 2022 Media Releases

At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.10 per cent.

https://www.rba.gov.au/media-releases/2022/mr-22-41.html

A Proposal for Implementing Real Time Gross Settlement in Australia (Media Release 1995-05 attachment 2)

13 Aug 2004 Media Release PDF 178KB

The Reserve Bank would propose paying interest on balances in ES accounts at the cash rate it announces from time to time. ... rates. It is envisaged that overnight funds in the market would trade at an interest rate marginally higher than the rate the

https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-2.pdf

Statement by the Reserve Bank Board: Monetary Policy Decision

7 May 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-24-08.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

2 Mar 2021 Media Releases

At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding

https://www.rba.gov.au/media-releases/2021/mr-21-03.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

3 Nov 2020 Media Releases

a reduction in the interest rate on new drawings under the Term Funding Facility to 0.1 per cent. ... The combination of the RBA's bond purchases and lower interest rates across the yield curve will assist the recovery by: lowering financing costs for

https://www.rba.gov.au/media-releases/2020/mr-20-28.html