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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List of tables
4 Feb 2016
SMP
– February 2016
Table 4.2: Intermediaries' Fixed and Variable Lending Rates. Interest rate. Change over 2015. ... e) Weighted average of variable rate products. (f) Residentially secured, average of the major banks' advertised rates.
https://www.rba.gov.au/publications/smp/2016/feb/tables.html
Box A: Insights from Liaison
5 May 2023
SMP
– May 2023
Box A: Insights from Liaison | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/box-a-insights-from-liaison.html
List of tables
10 Feb 2011
SMP
– February 2011
Table 4.1: Intermediaries' Lending Rates. (a). Per cent. Change Since:. Level at. ... Average actual rate (variable and bill funding). 6.98. 0.20. 1.95. (a) Variable interest rates unless otherwise indicated.
https://www.rba.gov.au/publications/smp/2011/feb/tables.html
Domestic Financial Markets
10 May 2006
SMP
– May 2006
Short-term interest rates were fairly steady for most of the period since the last Statement, at a level consistent with a cash rate of 5.5 per cent. ... With respect to fixed-rate housing loans, interest rates were relatively steady between late 2005
https://www.rba.gov.au/publications/smp/2006/may/dom-fin-mkts.html
Domestic Economic Conditions
10 Feb 2023
SMP
– February 2023
At the same time, rising interest rates and living costs are reducing real spending power. ... ahead. Alongside inflationary pressures, higher net interest payments are expected to put increasing pressure on household budgets as cash rate increases are
https://www.rba.gov.au/publications/smp/2023/feb/domestic-economic-conditions.html
The International Environment
5 May 2023
SMP
– May 2023
The International Environment | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/the-international-environment.html
Overview
10 Feb 2023
SMP
– February 2023
Most central banks have continued raising policy interest rates in order to return inflation to target. ... Rising interest rates are expected to add to this effect by reducing real disposable incomes for some households.
https://www.rba.gov.au/publications/smp/2023/feb/overview.html
Domestic Economic Conditions
5 May 2023
SMP
– May 2023
Domestic Economic Conditions | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/domestic-economic-conditions.html
List of tables
10 Aug 2017
SMP
– August 2017
Table 4.2: Intermediaries' Fixed and Variable Lending Rates. Interest. rate Per cent. ... Housing loans. – Variable principal-and-interest rate. (a)(b). – Owner-occupier. 4.41. 4.
https://www.rba.gov.au/publications/smp/2017/aug/tables.html
List of tables
10 Nov 2013
SMP
– November 2013
c) The central bank of Russia changed the interest rate it uses as its policy rate in September 2013. ... October 2011. Per cent. Basis points. Basis points. Housing loans. – Standard variable rate.
https://www.rba.gov.au/publications/smp/2013/nov/tables.html