Your Federal Quarterly Tax Payments are due April 15th Get Help Now >>

Mortgage Interest Rate Graph Chart Historical 50 Year by jsm40037

VIEWS: 768 PAGES: 4

Mortgage Interest Rate Graph Chart Historical 50 Year document sample

More Info
									                       Australian Cash Rate                                              Australian Cash Rate and 90-day Bill Yield
                                      Monthly
                                                                                                                                 Daily
%                                                                                  %    %                                                                                 %
                                  Cash rate                                                                                  90-day bill yield
                                                                                        8                                                                                 8
6                                                                                  6

                                                                                        7                                                                                 7
4                                                                                  4
                  Real cash rate*                                                       6                                                                                 6

                                                                                                              Cash rate
2                                                                                  2    5                                                                                 5

                                                                                        4                                                                                 4
0                                                                                  0
                                                                                        3                                                                                 3

-2                                                                                 -2                 l           l          l           l          l          l
       2004       2005       2006       2007       2008       2009       2010           2                                                                                 2
                                                                                               2004        2005       2006       2007        2008       2009       2010
     * Real cash rate calculated using quarterly weighted-median inflation rate.
     Sources: ABS; RBA                                                                       Sources: AFMAData; RBA

                       Australian Cash Rate                                                  Spread between Australian 10-year Bond
                                      Monthly
%                                                                                  %
                                                                                                     Yield and the Cash Rate
                                                                                        %                                                                                 %

16                                                                                 16                                                                                     4
                                                                                        4

12                                                                                 12                                                                                     2
                                                                                        2

                       Cash rate
8                                                                                  8
                                                                                        0                                                                                 0

4                                                                                  4
                                                                                        -2                                                                                -2
              Real cash rate*
0                                                                                  0
                                                                                        -4                                                                                -4

-4                                                                               -4
  1989        1992       1995      1998       2001      2004      2007       2010       -6                                                                               -6
     * Real cash rate calculated using quarterly weighted-median inflation rate.
                                                                                          1990             1994         1998             2002           2006         2010
     Sources: ABS; RBA                                                                       Source: RBA
                Australian and US Cash Rates                                           10-year Government Bond Yields
  %                                                               %                                                  Daily
                                                                         %                                                                                         %

  16                                                              16                           Australia
                      Australia                                          6                                                                                         6

  12                                                              12
                                                                         5                                                                                         5

   8                                                              8
                                                                         4                                                                                         4
                 US
   4                                                              4
                                                                         3                                                                                         3
                                                                                                US
   0                                                              0
   1986          1990       1994          1998   2002   2006   2010      2         l     l      l       l       l      l      l       l       l      l     l
                                                                                                                                                                   2
       Sources: RBA; US Federal Reserve                                        M       J   S        D       M       J  S          D       M        J   S       D
                                                                                        2008                        2009                           2010
                                                                              Sources: Bloomberg; RBA

               Differential between Australian                                         10-year Government Bond Yields
                     and US Cash Rates                                                                              Monthly
 Bps                                                              Bps    %                                                                                         %
1000                                                              1000   14                                                                                        14

800                                                               800    12                                                                                        12
                                                                                             Australia
600                                                               600    10                                                                                        10

400                                                               400    8                                                                                         8

200                                                               200    6                                                                                         6
                                                                                                            US
  0                                                               0      4                                                                                         4

-200                                                              -200   2                                                                                        2
   1986          1990       1994          1998   2002   2006   2010             1990         1994               1998          2002                2006         2010
       Sources: RBA; US Federal Reserve
                                                                              Sources: Bloomberg; RBA
                             Australian Bond Yields*                                                                                                          Australian Bond Spreads*
                                                          Daily                                                                                               Spread over government yields, daily
%                                                                                                                       %   Bps                                                                                                                        Bps
                                             BBB corporates
8                                                                                                                       8                                 BBB corporates
                                                                                                                            300                                                                                                                        300

7                                                                                                                       7
                                                                                                                                                          A corporates
                                         AA corporates                                                                      200                                                                                                                        200
6                                                                                                                       6
                                             Swap
                                                                                                                                                               AA corporates
                                                                                                                            100                                                                                                                        100
5                                                                                                                       5
                                                                                                                                                      Swap
                         Australian Government
         l       l       l       l   l        l       l   l   l       l        l       l   l        l       l       l
4                                                                                                                       4     0           l       l       l     l     l       l       l   l    l       l       l       l   l       l       l       l
                                                                                                                                                                                                                                                       0
        J A S O N D                               J F M A M J J                                    A S O N                            J       A S O N D J F M A M J J A S O N
            2009                                           2010                                                                                 2009             2010
    *  Yields on bonds issued by the Australian Government and swap rates are                                                     *  Swap spreads are for 3-years maturity. Corporate bond spreads are a
       3-year maturities. Corporate bond yields are a weighted average of                                                            weighted average of senior bonds with remaining maturities of 1 to 5
       senior bonds with remaining maturities of 1 to 5 years; they include                                                          years; they include financial and non-financial corporates.
       financial and non-financial corporates.                                                                                    Sources: Bloomberg; RBA; UBS AG, Australia Branch
    Sources: Bloomberg; RBA; UBS AG, Australia Branch

                             Australian Bond Yields*                                                                                                          Australian Bond Spreads*
%                                                                                                                       %                                 Spread over government yields, monthly
                                                                                                                            Bps                                                                                                                        Bps
                                                                               Swap
8                                                                                                                       8   500                                                                                                                        500
                         BBB corporates AA corporates

                                                                                                                            400                                                                                                                        400
6                                                                                                                       6                                                                     AA corporates
                                                                                                                            300                                                                                                                        300


4                                                                                                                       4   200                                                                                                                        200
                                                                               Australian                                             A corporates
                                                                                                                                                                    BBB corporates
                                                                              Government
                                                                                                                            100                                                                                                                        100
             l       l       l           l        l       l       l       l        l           l        l       l
                                                                                                                                                                                                                                           Swap
2                                                                                                                       2
    1998                     2001                         2004                     2007                         2010          0               l       l        l          l       l       l        l       l       l           l       l       l
                                                                                                                                                                                                                                                       0
    *  Australian Government yields and swap rates are for 3-year maturity.                                                       1998                         2001                       2004                     2007                        2010
       Corporate bond yields are a weighted average of senior bonds with                                                          *  Swap spreads are for 3-years maturity. Corporate bond spreads are a
       remaining maturities of 1 to 5 years; they include financial and non-financial                                                weighted average of senior bonds with remaining maturities of 1 to 5
       corporates.                                                                                                                   years; they include financial and non-financial corporates.
    Sources: Bloomberg; RBA; UBS AG, Australia Branch                                                                             Sources: Bloomberg; RBA; UBS AG, Australia Branch
           Australian Housing Interest Rates                                              Australian Fixed Interest Rates
%                                                                   %                                        3-year maturity
                Banks’ standard                                                %                                                            %
                   variable                                                           Housing
10                                                                      10    12                                                            12
                                 Mortgage managers’
                                  standard variable
8                                                                       8     10                                                            10
                                                                                                         Small business

                                                                               8                                                            8
6                                                                       6

                                                                               6                                                            6
                          Cash rate
4                                                                       4
                                                                                            Swap rate
                                                                               4                                                            4

2                                                                    2
       1994             1998            2002          2006       2010          2                                                            2
     Source: RBA                                                                     1994           1998             2002        2006   2010
                                                                                   Sources: Bloomberg; RBA

     Australian Small Business Interest Rates                                Composition of Australian Small Business Loans
%                                                                   %                                        Per cent of total
                                                                               %                                                            %
                                                                                                             Variable rate
12                                                                      12
                      Weighted-average           Overdraft                    50                                                           50
                       variable rate**         other security*                       Fixed rate
10                                                                      10
                                                                              40                                                           40

8                                                                       8
                                                                              30                                                           30

6                                                                       6                            Bills
                                                                              20                                                           20
            Cash rate
4                                                                       4
                                          Term loan                           10                                                           10
                                     residential security*
2                                                                       2
        1994            1998            2002          2006       2010          0                                                            0
     * Indicator rates                                                             1994           1998            2002           2006   2010
     ** Including risk margins                                                     Sources: APRA; RBA
     Sources: APRA; RBA

								
To top