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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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Statement on Monetary Policy - August 2007

24 Sep 2007 SMP PDF 673KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2007/aug/pdf/0807.pdf

Statement on Monetary Policy

20 Nov 2023 SMP - November 2023 PDF 9530KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/statement-on-monetary-policy-2023-11.pdf

Domestic Financial Conditions

3 Mar 2021 SMP - February 2021 PDF 714KB
https://www.rba.gov.au/publications/smp/2021/feb/pdf/03-domestic-financial-conditions.pdf

The International Environment

9 Feb 2023 SMP - February 2023 PDF 2017KB
https://www.rba.gov.au/publications/smp/2023/feb/pdf/01-the-international-environment.pdf

Domestic Financial Conditions

10 Feb 2020 SMP - August 2018 PDF 2043KB
https://www.rba.gov.au/publications/smp/2018/aug/pdf/03-domestic-financial-conditions.pdf

Domestic Financial Conditions

6 Nov 2020 SMP - November 2020 PDF 761KB
https://www.rba.gov.au/publications/smp/2020/nov/pdf/04-domestic-financial-conditions.pdf

Domestic Financial Conditions

7 Feb 2020 SMP - February 2020 PDF 823KB
https://www.rba.gov.au/publications/smp/2020/feb/pdf/03-domestic-financial-conditions.pdf

Domestic Financial Markets

10 Feb 2020 SMP - May 2017 PDF 2431KB
https://www.rba.gov.au/publications/smp/2017/may/pdf/04-domestic-financial-markets.pdf

Domestic Financial Markets

10 Feb 2020 SMP PDF 1799KB
Statement of Monetary Policy - August 2017
https://www.rba.gov.au/publications/smp/2017/aug/pdf/04-domestic-financial-markets.pdf

Overview

7 Feb 2019 SMP PDF 822KB
Statement of Monetary Policy - February 2019
https://www.rba.gov.au/publications/smp/2019/feb/pdf/00-overview.pdf