11. What matters is the real interest rate, that is, the nominal interest rate minus inflation. 12. The high inflation rates makes Turkish nominal interest rates higher than those of developed nations. 13. With inflation of 5.5 percent expected for this year, nominal interest rates are almost 13 percent. 14. The bond's nominal interest rate is 3.07 %. 15. When the financial instituitions have sufficient liquidity, they would only offer nominal interest rates for your deposits. 16. The advantage to the borrower is the lower coupon, or nominal interest rate paid, on the bonds. 17. With inflation of 5 . 5 percent expected for this year, nominal interest rates are almost 13 percent. 18. In this case, the interest I is stated as a nominal interest rate, and i = I / 12. 19. The International Fisher effect predicts an international exchange rate drift entirely based on the respective national nominal interest rates. 20. Milton Friedman, on the other hand, argued that a zero nominal interest rate presents no problem for monetary policy.
