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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Film RB A/R 98 EDITORIAL
1 Sep 1998
Annual Report
PDF
269KB
Initially, the interest rate was set at 10 basis points below the target cash rate, inline with the typical rate banks received on loans to dealers. ... This was 10 basis points below the return on the benchmark portfolio (see table).
https://www.rba.gov.au/publications/annual-reports/rba/1998/pdf/oper-fin-mkts.pdf
The Operation of the Interchange Standards: Consultation Paper
28 Feb 2019
Consultations
PDF
990KB
guidance should ensure greater consistency of interpretation between stakeholders. 2.1 Accounting Basis. ... Compliance would not be permitted on a cash or quasi-cash basis.12.
https://www.rba.gov.au/publications/consultations/201902-operation-of-the-interchange-standards/pdf/201902-operation-of-the-interchange-standards.pdf
ISO 20022 Migration for the Australian Payments System – Responses and Options Paper
11 Sep 2019
Consultations
PDF
1175KB
message usage guidelines being used overseas. There was general agreement that the starting point. ... systems in Australia on an ongoing basis. A new version of the ISO 20022 standard is generally.
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/pdf/consultation-paper.pdf
ISO 20022 Migration for the Australian Payments System – Conclusions Paper
25 Feb 2020
Consultations
PDF
560KB
From this point, all domestic payment messages in the HVCS will use ISO 20022. ... Also known as the SWIFT PDS. Settlement occurs on a line-by-line basis in RITS.
https://www.rba.gov.au/publications/consultations/202002-iso-20022-migration-for-the-australian-payments-system/pdf/iso-20022-migration-for-the-australian-payments-system-conclusions-paper.pdf
Our People
9 Aug 2023
RBA Annual Report
- 2022
PDF
395KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/our-people.pdf
Central Clearing of Repos in Australia: A Consultation Paper
25 May 2015
Consultations
PDF
389KB
While there is no interest charge for securities returned before the end of the day, a significant penalty (usually 300 basis points) applies to all overnight transactions executed under the facility. ... The overnight repo rate on securities obtained
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/pdf/201503-central-clearing-of-repos-in-australia.pdf
Developments in the Clearing and Settlement Industry
8 Oct 2023
PSB Annual Report
- 2023
PDF
756KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/developments-in-the-clearing-and-settlement-industry.pdf
Increasing the Threshold for the Application of the Financial Stability Standards for Securities Settlement Facilities: Conclusions Paper
15 Apr 2024
Consultations
PDF
506KB
2.3.3 Other feedback. Competition. A respondent suggested the activity threshold risks facilitating competition on the basis of less onerous risk controls. ... 7.1 A securities settlement facility’s rules and procedures should clearly define the point
https://www.rba.gov.au/publications/consultations/2023-11-increasing-the-fss-threshold-for-sffs/pdf/2023-11-increasing-the-fss-threshold-for-sffs-conclusions-paper.pdf
Payments System Board Annual Report 2023
11 Oct 2023
PSB Annual Report
- 2023
PDF
2459KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/psb-annual-report-2023.pdf
RBA Annual Report - Operations in Financial Markets
27 Aug 2002
Annual Report
PDF
128KB
target for a few days, though the deviation was only. about 6 basis points. ... Rate Market-determined Free 5 basis points Cash rate target 25 basis points.
https://www.rba.gov.au/publications/annual-reports/rba/2002/pdf/oper-fin-mkts.pdf