Search: basis point
Did you mean
basispoints?
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.
Search Results
11/12/2019 What's on the Cards? | Speeches ...
11 Dec 2019
PDF
156KB
American Express companion card system, and made any interchange-like fees subject to the50 basis points benchmark. ... Here, we note that the European Commission hasintroduced quite low caps – 20 basis points for debit and 30 basis points for credit.
https://www.rba.gov.au/speeches/2019/pdf/sp-so-2019-12-10.pdf
A Monetary Policy Fit for the Future
22 Nov 2023
Speech
PDF
612KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-11-22.pdf
14/08/2020 Opening Statement to the House of Representatives Standing ...
13 Aug 2020
Speech
PDF
129KB
the introduction of a target on three-year Australian Government bonds of 25 basis points. ... The yield is now closer to 25 basis points and we arecommitted to maintaining the target.
https://www.rba.gov.au/speeches/2020/pdf/sp-gov-2020-08-14.pdf
11/03/2020 The Virus and the Australian Economy | Speeches ...
10 Mar 2020
PDF
386KB
It has since risen to be around 65 basis points at the time ofwriting. ... At the time of writing, the Australiangovernment can borrow for 10 years at 75 basis points.
https://www.rba.gov.au/speeches/2020/pdf/sp-dg-2020-03-11.pdf
Monetary Policy in 2020
24 Nov 2020
Speech
PDF
404KB
a reduction in the interest rate on ES balances from 10 basis points to zero. ... Now that the ES rate has been reduced to zero, the cash rate iscurrently around 5 basis points.
https://www.rba.gov.au/speeches/2020/pdf/sp-dg-2020-11-24.pdf
Banking and the COVID-19 Pandemic
15 Dec 2020
Speech
PDF
299KB
To put this inperspective, the major banks all have management capital buffers of at least 300 basis points overand above their 350 basis point regulatory buffer (capital conservation buffer and domesticallysystemically ... A 100 basis point fall in short
https://www.rba.gov.au/speeches/2020/pdf/sp-so-2020-12-15.pdf
Opening Statement to the House of Representatives Standing Committee on Economics
15 Aug 2023
Speech
PDF
226KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-08-11.pdf
An Economic and Financial Update
21 Apr 2020
Speech
PDF
136KB
v. modifying the interest rate corridor system so that balances held in Exchange SettlementAccounts at the Reserve Bank earn 10 basis points, rather than zero. ... The cash rate has also drifted below 25 basis pointsand today is at 15 basis points.
https://www.rba.gov.au/speeches/2020/pdf/sp-gov-2020-04-21.pdf
Opening Statement to the House of Representatives Standing Committee on Economics
16 Feb 2023
Speech
PDF
236KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-02-17.pdf
Bagehot and the Lender of Last Resort – 150 Years On
18 Dec 2023
Speech
PDF
318KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-ag-2023-12-14.pdf