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
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
Banking, Issue and Other Functions
20 Jun 2023
RBA Annual Report
– 1979
While the Bank has not yet been able to enter into these reciprocal arrangements with all banks at all points, approximately 96 per cent of the total volume of other banks' ... this was about 5 million tonnes higher than the early estimate on the basis
https://www.rba.gov.au/publications/annual-reports/rba/1979/bank-iss-oth-function.html
Operations in Financial Markets
4 Sep 2008
RBA Annual Report
– 2008
The Reserve Bank remunerates ES balances at a rate 25 basis points below the cash rate target. ... An offsetting reverse repo in other CGS must also be undertaken, but at a margin of 300 basis points.
https://www.rba.gov.au/publications/annual-reports/rba/2008/balance-sheet.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
Risk Management
12 Apr 2020
RBA Annual Report
– 2020
Domestic securities held outright increased by $63.9 billion to $73.3 billion, while those held on a temporary basis under repurchase agreements (repos) increased by $56.4 billion to ... The Bank would incur a valuation loss of around $3.4 billion if
https://www.rba.gov.au/publications/annual-reports/rba/2020/risk-management.html
The Bank's Services and other Activities
9 Mar 2023
RBA Annual Report
– 1989
Coin is transported from the Royal Australian Mint in Canberra to holding points across the country. ... From these points, notes and coin are provided to banks or armoured car companies.
https://www.rba.gov.au/publications/annual-reports/rba/1989/banks-services.html
Note 1 – Accounting Policies
17 Oct 2019
RBA Annual Report
– 2019
The RBA brings its securities and foreign exchange transactions to account on a trade date basis. ... Revenue is recognised on a gross basis at the point the contracted performance obligation is satisfied, as required by AASB 15 – Revenue from
https://www.rba.gov.au/publications/annual-reports/rba/2019/financial-statements/note-1.html
Developments in the Clearing and Settlement Industry
27 Sep 2023
PSB Annual Report
– September 2023
Developments in the Clearing and Settlement Industry | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/developments-in-the-clearing-and-settlement-industry.html
Our People
25 Sep 2017
RBA Annual Report
– 2017
the share of management positions held by women increasing to 32 per cent in June 2017, 1 percentage point higher than a year earlier. ... 3) The ‘lump sum’ column is prepared on a cash basis using actual lump sum performance-based payments paid to
https://www.rba.gov.au/publications/annual-reports/rba/2017/our-people.html
Regulatory Developments in Retail Payments
8 Sep 2011
PSB Annual Report
– 2011
Visa Europe committed to lowering its weighted-average immediate debit MIFs to 20 basis points for cross-border transactions and national transactions in EU states where domestic interchange rates have not ... competition authority; interchange fees will
https://www.rba.gov.au/publications/annual-reports/psb/2011/regulatory-dev.html