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 Effects of a 100 Basis Point Monetary Policy Shock
3 Jan 2023
RDP
2022-09
Table 3: Posterior Lower Probability that Response to 100 Basis Point Shock is Less than Threshold. ... reasonably robust evidence for an appreciable fall in prices following a 100 basis point shock.
https://www.rba.gov.au/publications/rdp/2022/2022-09/the-effects-of-a-100-basis-point-monetary-policy-shock.html
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The Effects of a 100 Basis Point Federal Funds Rate Shock
11 Oct 2022
RDP
2022-04
to a 100 basis point shock are guaranteed to be bounded with very high posterior probability. ... Table 1: Posterior Lower and Upper Probabilities that Decline in Output Exceeds Threshold Following 100 Basis Point Shock.
https://www.rba.gov.au/publications/rdp/2022/2022-04/the-effects-of-a-100-basis-point-federal-funds-rate-shock.html
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The Reserve Bank's Policy Actions and Balance Sheet
30 Jun 2020
Speech
Speech delivered by Guy Debelle, Deputy Governor, The Economic Society Australia, Webinar
https://www.rba.gov.au/speeches/2020/sp-dg-2020-06-30.html
Cross-Country Linkages
1 Nov 1996
RDP
9609
Figure 11: US Market's Impact on OVERNIGHT Basis Point Change in Australian Bond Yields. ... Figure 12: US Market's Impact on INTRADAY Basis Point Change in Australian Bond Yields.
https://www.rba.gov.au/publications/rdp/1996/9609/cross-country-linkages.html
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Simulation Results
1 Nov 1989
RDP
8907
Permanent 300 basis point rise in real interest rates;. Permanent 5 percent rise in inflation; and a. ... In this simulation we assume that real interest rates rise permanently by 300 basis points.
https://www.rba.gov.au/publications/rdp/1989/8907/simulation-results.html
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Channels of Transmission
17 Oct 2023
Speech
PDF
755KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-ag-2023-10-11.pdf
How I Learned to Stop Worrying and Love the Basis
22 May 2017
Speech
Speech delivered by Guy Debelle, Deputy Governor, at the BIS Symposium: CIP–RIP?, Basel
https://www.rba.gov.au/speeches/2017/sp-dg-2017-05-22.html
The Yield and Market Function Effects of the Reserve Bank of Australia’s Bond Purchases
19 May 2022
RDP
PDF
1938KB
largest at the 10-year point at around 30 basis points (Figure 5). ... very similar to the fall in actual AGS yields, at around 30 basis points.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-02.pdf
Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data
13 Feb 2024
RDP
PDF
1260KB
The share of SMEs. (less than 200 employees) innovating falls by 6 percentage points the year after a 100 basis point. ... Table 1: Effect of 100 Basis Point Contractionary Shock on Share of Firms Innovating.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-01.pdf
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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