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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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4 July 2017 | Minutes of the Monetary Policy Meeting of the Board

18 Jul 2017 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 July 2017
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-07-04.html

6 August 2019 | Minutes of the Monetary Policy Meeting of the Board

20 Aug 2019 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 August 2019
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-08-06.html

1 October 2019 | Minutes of the Monetary Policy Meeting of the Board

15 Oct 2019 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 October 2019
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-10-01.html

6 May 2008 | Minutes of the Monetary Policy Meeting of the Board

20 May 2008 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 May 2008
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2008/06052008.html

3 March 2020 | Minutes of the Monetary Policy Meeting of the Board

17 Mar 2020 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 March 2020
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2020/2020-03-03.html

2 September 2008 | Minutes of the Monetary Policy Meeting of the Board

16 Sep 2008 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 September 2008
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2008/02092008.html

7 September 2021 | Minutes of the Monetary Policy Meeting of the Board

7 Sep 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 September 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-09-07.html

6 April 2021 | Minutes of the Monetary Policy Meeting of the Board

6 Apr 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 April 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-04-06.html

2 July 2019 | Minutes of the Monetary Policy Meeting of the Board

16 Jul 2019 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 July 2019
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-07-02.html

1 February 2022 | Minutes of the Monetary Policy Meeting of the Board

15 Feb 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 February 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-02-01.html