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.
Search Results
Operations in Financial Markets
17 Oct 2019
RBA Annual Report
– 2019
The cash rate was reduced by a further 25 basis points to 1.00 per cent in July 2019. ... at an interest rate of 25 basis points above the cash rate target.
https://www.rba.gov.au/publications/annual-reports/rba/2019/operations-in-financial-markets.html
Operations in Financial Markets
20 Sep 2018
RBA Annual Report
– 2018
There is no scope for ESA holders to allow their accounts to be in deficit and any surplus balances are remunerated at an interest rate that is 25 basis points below ... These conditions include a fee of 15 basis points per annum on the committed amount
https://www.rba.gov.au/publications/annual-reports/rba/2018/operations-in-financial-markets.html
Note 1 – Accounting Policies
21 Oct 2021
RBA Annual Report
– 2021
Reduction of the interest rate on the Term Funding Facility (TFF) established in March 2020 to 10 basis points from 25 basis points previously. ... Revenue is recognised on a gross basis at the point the contracted performance obligation is satisfied,
https://www.rba.gov.au/publications/annual-reports/rba/2021/financial-statements/note-1.html
Operations in Financial Markets
21 Oct 2021
RBA Annual Report
– 2021
at an interest rate of 25 basis points above the cash rate target. ... From 2015 to 2019, the Reserve Bank charged a fee of 15 basis points per annum on the commitment to each bank.
https://www.rba.gov.au/publications/annual-reports/rba/2021/operations-in-financial-markets.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
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
Notes to and Forming Part of the Financials Statements
27 Oct 2022
RBA Annual Report
– October 2022
Previously, formal independent valuations of the RBAs Australian properties were conducted on an annual basis. ... Revenue is recognised on a gross basis at the point the contracted performance obligation is satisfied, as required by AASB 15 –. Revenue
https://www.rba.gov.au/publications/annual-reports/rba/2022/financial-statements/notes.html
Reserve Bank of Australia Annual Report – 2017
25 Sep 2017
Annual Report
In 2016/17 the proportion of women in management positions increased by 1 percentage point and the Bank created additional employment opportunities for Indigenous Australians and people with a disability.
https://www.rba.gov.au/publications/annual-reports/rba/2017/
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
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