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 Neutral Interest Rate
15 Sep 2017
Bulletin
– September 2017
Central banks monitor the neutral interest rate for a number of reasons, a key one being that it provides a benchmark for assessing the stance of monetary policy. This article describes the determinants of the neutral interest rate and discusses its
https://www.rba.gov.au/publications/bulletin/2017/sep/2.html
Semi-Annual Statement on Monetary Policy
10 May 1998
Bulletin
– May 1998
Since the previous. Semi-Annual Statement on Monetary Policy. , the yield on 10-year bonds has shown a net fall of 20 basis points, to around 5.75 per cent. ... However, other sovereigns with credit ratings similar to Australia who borrow in the US
https://www.rba.gov.au/publications/bulletin/1998/may/2.html
Bank Fees in Australia
25 Jan 2024
Bulletin
– January 2024
This article updates Reserve Bank research on bank fees charged to Australian households, businesses and government.
https://www.rba.gov.au/publications/bulletin/2024/jan/bank-fees-in-australia.html
Semi-Annual Statement on Monetary Policy
10 Nov 1998
Bulletin
– November 1998
As the exchange rate then weakened, local bond yields moved back above US rates, reaching a differential of about 100 basis points late in August. ... Subsequently, this differential has narrowed to about 30 basis points. There is some evidence of
https://www.rba.gov.au/publications/bulletin/1998/nov/1.html
Demographic Change, Saving and Asset Prices: Theory and Evidence | Conference – 2006
23 Jul 2006
Conferences
rate is projected to increase by slightly more than one percentage point in the EU scenario as compared to 2 percentage points in the OECD and World scenarios). ... than 1 percentage point if capital moves freely within the OECD (see Figure 3).
https://www.rba.gov.au/publications/confs/2006/borsch-supan.html
Recent Developments in Banks' Funding Costs and Lending Rates
10 Mar 2010
Bulletin
– March 2010
foreign currency debt) of 10–20 basis points over bank bill or swap rates (Graph 4). ... bills and 3-month OIS remaining stable at around 10 basis points (Graph 5).
https://www.rba.gov.au/publications/bulletin/2010/mar/6.html
Statement on Monetary Policy
10 May 2002
Bulletin
– May 2002
The first moves were in March, when the Reserve Bank of New Zealand and Sweden's Riksbank each increased policy rates by 25 basis points. ... The Fed funds futures market is now reflecting expectations of a cumulative increase of around 75 basis points
https://www.rba.gov.au/publications/bulletin/2002/may/1.html
Monetary Policy and Financial Stability | Conference – 2017
16 Mar 2017
Conferences
At that point, the probability is reduced by 0.04 to 0.3 percentage points following a 100 basis point interest rate hike for a year, given the range of effects ... Meanwhile, the earlier analysis suggested that a 100 basis point increase in rates is
https://www.rba.gov.au/publications/confs/2017/dell-ariccia-habermeier-haksar-mancini-griffoli.html
Statement on Monetary Policy
10 Nov 2002
Bulletin
– November 2002
Graph 7. Table 3: Policy Interest Rate Changes. Basis points. Current level Per cent. ... debt, from 200 basis points mid year to around 600 basis points now.
https://www.rba.gov.au/publications/bulletin/2002/nov/1.html
The Committed Liquidity Facility: 2015–2022
25 Jan 2024
Bulletin
– January 2024
The Reserve Bank’s Committed Liquidity Facility (CLF) was used from 2015 to 2022 to enhance the resilience of the banking system to times of liquidity stress.
https://www.rba.gov.au/publications/bulletin/2024/jan/the-committed-liquidity-facility-2015-2022.html