Search: basis point
RBA Glossary definition for basis point
basis point – A basis point is 1/100th of 1 per cent or 0.01 per cent, so 100 basis points (bps) is equal to 1 percentage point. The term is used in money and securities markets to define differences in interest or yield. If an interest rate were to increase from 2 per cent to 3 per cent, it is said to have risen by 100 basis points (bps) or one percentage point.
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The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases
24 May 2022
RDP
2022-02
In sum, the yield on the 10-year AGS declined by around 30 basis points. ... AGS yields declined across the curve in response to the identified events, with the cumulative change largest at the 10-year point at around 30 basis points (Figure 5).
https://www.rba.gov.au/publications/rdp/2022/2022-02/full.html
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Notes to and Forming Part of the Financial Statements
19 Oct 2023
RBA Annual Report
– October 2023
with a three-year term and at a fixed interest rate of 10 or 25 basis points). ... Revenue is recognised on a gross basis at the point the contracted performance obligation is satisfied, as required by AASB 15 –. Revenue from Contracts with Customers.
https://www.rba.gov.au/publications/annual-reports/rba/2023/financial-statements/notes.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Jul 2020
Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
https://www.rba.gov.au/media-releases/2020/mr-20-17.html
Statement by Glenn Stevens, Governor: Monetary Policy
3 Feb 2009
Media Releases
Announcement of reduction in the cash rate by 100 basis points to 3.25 per cent
https://www.rba.gov.au/media-releases/2009/mr-09-01.html
List of tables
10 Nov 2007
SMP
– November 2007
As at 31 October 2007. Per cent of. outstanding loans. Change Basis points. ... a). As at 31 October 2007. Share Per cent. Change Basis points.
https://www.rba.gov.au/publications/smp/2007/nov/tables.html
Review of the Yield Target
22 Mar 2023
In March 2020, the Reserve Bank Board introduced a target for the yield on the three-year Australian Government bond which was discontinued in November 2021. This review examines the experience with the yield target and draws lessons from this
https://www.rba.gov.au/monetary-policy/reviews/yield-target/index.html
Statement by Glenn Stevens, Governor: Monetary Policy
2 Dec 2008
Media Releases
Announcement of reduction in the cash rate by 100 basis points to 4.25 per cent
https://www.rba.gov.au/media-releases/2008/mr-08-27.html
Statement By Philip Lowe, Governor: Monetary Policy Decision
2 Jul 2019
Media Releases
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.00 per cent.
https://www.rba.gov.au/media-releases/2019/mr-19-18.html
Statement by Glenn Stevens, Governor: Monetary Policy
4 Nov 2008
Media Releases
Announcement to lower the cash rate by 75 basis points to 5.25 per cent
https://www.rba.gov.au/media-releases/2008/mr-08-25.html
The Personal Credit Card Market in Australia: Pricing over the Past Decade
10 Mar 2012
Bulletin
– March 2012
Some issuers have also introduced a cap on reward points for spending above a certain amount. ... merchants). This is similar to the level of generosity of reward points prior to the reforms.
https://www.rba.gov.au/publications/bulletin/2012/mar/7.html