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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Statement on Monetary Policy
10 May 2001
Bulletin
– May 2001
In early January, the yield on 10-year Treasury securities was about 160 basis points below the then Fed funds target – i.e. ... US. Yields on German 10-year government debt fell by around 25 basis points between January and mid March to 4.6 per cent.
https://www.rba.gov.au/publications/bulletin/2001/may/1.html
The Australian Semi-government Bond Market
10 Sep 2011
Bulletin
– September 2011
During the period of market dislocation following mid 2007, the spread between the yields of semi-government securities and CGS widened to over 120 basis points, up from around ... points before the crisis.
https://www.rba.gov.au/publications/bulletin/2011/sep/6.html
Recent Developments in the Semi-government Bond Market
25 Jan 2024
Bulletin
– January 2024
The market for Australian state and territory government bonds is often referred to as the market for ‘semis’.
https://www.rba.gov.au/publications/bulletin/2024/jan/recent-developments-in-the-semi-government-bond-market.html
Banking Fees in Australia
10 Jun 2011
Bulletin
– June 2011
MasterCard and Visa credit cards fell by 60 basis points over this period to about 80 basis points.
https://www.rba.gov.au/publications/bulletin/2011/jun/4.html
The Australian Credit Default Swap Market
10 Dec 2011
Bulletin
– December 2011
The bid-offer spread on this contract was typically around 2–3 basis points on average in recent months, compared with around 4–5 basis points for single-name contracts with ... bid-offer spreads are around 1 basis point.
https://www.rba.gov.au/publications/bulletin/2011/dec/6.html
China's Monetary Policy Framework and Financial Market Transmission
18 Apr 2024
Bulletin
– April 2024
While it has evolved significantly over the years, China’s monetary policy framework continues to differ in some important respects to those in most advanced economies.
https://www.rba.gov.au/publications/bulletin/2024/apr/chinas-monetary-policy-framework-and-financial-market-transmission.html
The Impact of Y2K on Financial Markets in Australia
10 Jan 2000
Bulletin
– January 2000
As a result, the margin between yields on Treasury notes and bank bills widened noticeably, from about 20 basis points on 90-day securities in mid 1999, to 80 basis points
https://www.rba.gov.au/publications/bulletin/2000/jan/1.html
Topic: Finance
12 Mar 2019
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/finance/
The Effect of Least-cost Routing on Merchant Payment Costs
18 Apr 2024
Bulletin
– April 2024
The RBA supports all merchants being able to choose the card network used to process debit transactions – a functionality known as least-cost routing (LCR) – with the aim of increasing competition and reducing the cost of accepting card payments.
https://www.rba.gov.au/publications/bulletin/2024/apr/the-effect-of-least-cost-routing-on-merchant-payment-costs.html
The Committed Liquidity Facility
19 Sep 2019
Bulletin
– September 2019
The Reserve Bank provides the Committed Liquidity Facility (CLF) as part of the global framework to improve the resilience of the banking system to periods of liquidity stress.
https://www.rba.gov.au/publications/bulletin/2019/sep/the-committed-liquidity-facility.html