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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BA-MARTIN in Detail
18 Jan 2022
RDP
2022-01
debt funding costs by 10 basis points; we calibrate our model to match this estimate. ... The cash rate is held constant following the initial policy response to the shock (125 basis points, as in the stress testing exercise).
https://www.rba.gov.au/publications/rdp/2022/2022-01/ba-martin-in-detail.html
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Demand in the Repo Market: Indirect Perspectives from Open Market Operations from 2006 to 2020
15 May 2024
RDP
2024-03
At the November 2020 monetary policy decision, the cut-off rate was set to 10 basis points. ... For example, if the repo spread was narrow and stable, a 2.5 basis point increase from 5 basis points to 7.5 basis points would be regarded as a significant
https://www.rba.gov.au/publications/rdp/2024/2024-03/full.html
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The Rise in Household Liquidity
10 Nov 2021
RDP
2021-10
But the annual surveys are snapshots at a single point in time (usually the date of the interview) that will not necessarily correspond to the end of the pay period. ... fixed or part-time basis) and the industry of work. From this regression model the
https://www.rba.gov.au/publications/rdp/2021/2021-10/full.html
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4 April 2023 | Minutes of the Monetary Policy Meeting of the Board
18 Apr 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 April 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-04-04.html
5 September 2023 | Minutes of the Monetary Policy Meeting of the Board
19 Sep 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 September 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-09-05.html
Identification and Inference under Narrative Restrictions
26 Oct 2023
RDP
2023-07
θ. ,. ϕ. ,. y. k. ). 0. ). , which truncates the likelihood, with the truncation points depending on y. ... Section 4.1 considers whether NR are point or set identifying in a frequentist sense.
https://www.rba.gov.au/publications/rdp/2023/2023-07/full.html
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DSGE Reno: Adding a Housing Block to a Small Open Economy Model
1 Apr 2018
RDP
2018-04
Our starting point is the model in Rees, Smith and Hall ((2016); henceforth RSH). ... function is removed, but the same calibration is used, the housing share of the capital stock falls by around 10 percentage points.
https://www.rba.gov.au/publications/rdp/2018/2018-04/full.html
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Model Framework
20 Sep 2022
RDP
2022-03
The data underlying the model is a subset of what is reported to APRA by banks on a monthly or quarterly basis. ... Footnotes. Our calibration results in wholesale funding spreads rising by 80 basis points for every percentage point of reduction in
https://www.rba.gov.au/publications/rdp/2022/2022-03/model-framework.html
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Gauging the Uncertainty of the Economic Outlook Using Historical Forecasting Errors: The Federal Reserve's Approach
1 Feb 2017
RDP
2017-01
Table 1A shows differences in timing and frequency of publication, horizon, and reporting basis. ... as are GDP growth and CPI inflation when reported on a calendar year-over-year basis.
https://www.rba.gov.au/publications/rdp/2017/2017-01/full.html
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6 September 2022 | Minutes of the Monetary Policy Meeting of the Board
20 Sep 2022
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 September 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-09-06.html