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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Our People
9 Aug 2023
RBA Annual Report
- 2022
PDF
395KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/our-people.pdf
Banknotes
9 Aug 2023
RBA Annual Report
- 2022
PDF
721KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/banknotes.pdf
Annual Performance Statement for 2017/18
20 Sep 2018
RBA Annual Report
– 2018
After lowering the cash rate by 25 basis points in August 2016, the Reserve Bank Board has left the cash rate unchanged since then. ... For FSS, the system availability target is 99.995 per cent on a 24/7 basis.
https://www.rba.gov.au/publications/annual-reports/rba/2018/annual-performance-statement.html
Annual Performance Statement for 2021/22
27 Oct 2022
RBA Annual Report
– October 2022
The cash rate target was 10 basis points and the interest rate on Exchange Settlement balances was zero per cent. ... There was a yield target of 10 basis points for the April 2024 Australian Government bond and the second $100 billion tranche of
https://www.rba.gov.au/publications/annual-reports/rba/2022/annual-performance-statement.html
Operations in Financial Markets
21 Aug 2002
RBA Annual Report
– 2002
This meant that the cash rate fell below the target for a few days, though the deviation was only about 6 basis points. ... Rate. Market-determined. Free. 5 basis points. Cash rate target 25 basis points.
https://www.rba.gov.au/publications/annual-reports/rba/2002/oper-fin-mkts.html
Governor's Foreword
3 Aug 2000
RBA Annual Report
– 2000
150 basis points. ... The RBA has also continued to participate in technical assistance programs, both on a bilateral basis and through IMF-sponsored missions.
https://www.rba.gov.au/publications/annual-reports/rba/2000/gov-foreword.html
Financial Markets in 1978/79
20 Jun 2023
RBA Annual Report
– 1979
Since this component of financing contributes to the formation of bank deposits, its greater use was part of the basis ofthehigherrateofgrowthinmoneyin 1978/79. ... Liquidity was reduced by calls to SRD (the first since February 1977), each of one
https://www.rba.gov.au/publications/annual-reports/rba/1979/fin-markets.html
The Year in Review
9 Mar 2023
RBA Annual Report
– 1989
Beyond a point, it may even inhibit the structural change because of the effect of high interest rates on investment of all types. ... It is a feature of markets to act promptly and vigorously on the basis of expectations.
https://www.rba.gov.au/publications/annual-reports/rba/1989/year-review.html
Film RB A/R 98 EDITORIAL
1 Sep 1998
Annual Report
PDF
269KB
Initially, the interest rate was set at 10 basis points below the target cash rate, inline with the typical rate banks received on loans to dealers. ... This was 10 basis points below the return on the benchmark portfolio (see table).
https://www.rba.gov.au/publications/annual-reports/rba/1998/pdf/oper-fin-mkts.pdf
Payments System Board Annual Report 2023
11 Oct 2023
PSB Annual Report
- 2023
PDF
2459KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/psb-annual-report-2023.pdf