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INFLATION

Real Interest Rate

Approximates the inflation-adjusted interest rate.

Formula

Real rate ≈ Nominal rate - Inflation

Variables: Nominal rate; inflation rate

What it means

Approximates the inflation-adjusted interest rate.

Example

A nominal rate of 5% with inflation at 3% implies an approximate real rate of 2%.

How to interpret it

This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.

BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.