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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A Tokenised Future for the Australian Financial System?
16 Oct 2023
Speech
Speech delivered by Brad Jones, Assistant Governor (Financial System), The Australian Financial Review Cryptocurrency Summit, Sydney
https://www.rba.gov.au/speeches/2023/sp-ag-2023-10-16.html
What's on the Cards?
10 Dec 2019
Speech
Speech delivered by Tony Richards, Head of Payments Policy Department, Australian Payments Network Summit, Sydney
https://www.rba.gov.au/speeches/2019/sp-so-2019-12-10.html
Bank Funding and Capital Flows
15 Dec 2010
Speech
Speech by Guy Debelle to the 23rd Australasian Finance and Banking Conference, Sydney
https://www.rba.gov.au/speeches/2010/sp-ag-151210.html
Merchant Payment Costs and Least-cost Routing
13 Dec 2017
Speech
Speech delivered by Tony Richards, Head of Payments Policy, at the Australian Payment Summit 2017, Sydney
https://www.rba.gov.au/speeches/2017/sp-so-2017-12-13.html
Opening Statement to the House of Representatives Standing Committee on Economics
17 Feb 2023
Speech
Speech delivered by Philip Lowe, Governor, Canberra – 17 February 2023, Canberra
https://www.rba.gov.au/speeches/2023/sp-gov-2023-02-17.html
On the Use of Forecasts
24 Nov 2011
Speech
Speech by Glenn Stevens to the Australian Business Economists Annual Dinner, Sydney
https://www.rba.gov.au/speeches/2011/sp-gov-241111.html
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
Today's Monetary Policy Decision
3 May 2022
Speech
Speech delivered by Philip Lowe, Governor, Sydney – 3 May 2022,
https://www.rba.gov.au/speeches/2022/sp-gov-2022-05-03.html
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
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