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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Statement on Monetary Policy
10 Feb 2003
Bulletin
– February 2003
750 basis points over the past few months as the central bank tries to quell resurgent inflation. ... While this is still above the low-point of 3.57 per cent last October, when economic pessimism was at its peak, it is down by about 110 basis points
https://www.rba.gov.au/publications/bulletin/2003/feb/1.html
Recent Developments in Federal Reserve System Liquidity and Reserve Operations | Conference – 2008
14 Jul 2008
Conferences
From September 2007 to April 2008, the Federal Open Market Committee (FOMC) reduced the target for the nominal overnight federal funds rate by 325 basis points. ... The rate spread was reduced further to 25 basis points and term loans extended to up to
https://www.rba.gov.au/publications/confs/2008/hilton.html
The Impact of the Capital Market Turbulence on Banks' Funding Costs
10 Jun 2009
Bulletin
– June 2009
Since early September 2008, rates on savings deposits have fallen by an average of 380 basis points, less than the 425 basis point decrease in the cash rate over this period. ... 40 basis points over the next year and a half and stabilise thereafter.
https://www.rba.gov.au/publications/bulletin/2009/jun/1.html
Statement on Monetary Policy
10 Feb 2002
Bulletin
– February 2002
basis points above the Fed funds target, similar to the reading in the early 1990s (Graph 12). ... 60 basis points from their November trough, to around 4.85 per cent.
https://www.rba.gov.au/publications/bulletin/2002/feb/1.html
Capital Flows, Hedge Funds and Market Failure: A Hong Kong Perspective | Conference – 1999
9 Aug 1999
Conferences
The risk premium on the Hong Kong dollar, as measured by the interest rate premium over the US dollar for three-month money, fell from a high of 1250 basis points ... in August to 45 basis points in December 1998, which was comparable to the pre-crisis
https://www.rba.gov.au/publications/confs/1999/yam.html
Semi-Annual Statement on Monetary Policy
10 May 1997
Bulletin
– May 1997
While the seasonally adjusted monthly import data point to reasonable growth in the March quarter, the corresponding data for the quantity of imports on a quarterly basis appear little changed. ... Falls in mortgage interest rates detracted 0.5 of a
https://www.rba.gov.au/publications/bulletin/1997/may/1.html
What the Campbell Committee Expected | Conference – 1991
21 Jun 1991
Conferences
system. Certainly, the Committee underestimated the extent to which this volatility would increase over the 1980s, a point discussed below. ... The examples illustrate two points. First, the private sector will generate changes which tend to increase the
https://www.rba.gov.au/publications/confs/1991/valentine.html
Statement on Monetary Policy
10 Aug 2004
Bulletin
– August 2004
point, lifting the fed funds rate by 25 basis points to 1.25 per cent at its end-June meeting. ... Overall, emerging market spreads are around 80 basis points higher than their low point at the start of 2004, but are still at historically low levels
https://www.rba.gov.au/publications/bulletin/2004/aug/1.html
Banks’ Funding Costs and Lending Rates
29 Mar 2012
Bulletin
PDF
288KB
Reserve Bank of Australia Bulletin March Quarter 2012
https://www.rba.gov.au/publications/bulletin/2012/mar/pdf/bu-0312-5.pdf
Statement on Monetary Policy
10 Aug 2002
Bulletin
– August 2002
Yields on Japanese government bonds also fell, declining by around 10 basis points to below 1.3 per cent. ... In contrast, European emerging market spreads have widened on average by around 150 basis points in recent months.
https://www.rba.gov.au/publications/bulletin/2002/aug/1.html