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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Australian Money Markets Through the COVID-19 Pandemic
16 Mar 2022
Bulletin
- March 2022
PDF
1180KB
https://www.rba.gov.au/publications/bulletin/2022/mar/pdf/australian-money-markets-through-the-covid-19-pandemic.pdf
Bulletin March Quarter 2023
8 Jun 2023
Bulletin
- March 2023
PDF
7038KB
https://www.rba.gov.au/publications/bulletin/2023/mar/pdf/bulletin-2023-03.pdf
What Do Firms Tell Us About the Inflation Outlook?
29 Jan 2024
Bulletin
- January 2024
PDF
770KB
https://www.rba.gov.au/publications/bulletin/2024/jan/pdf/what-do-firms-tell-us-about-the-inflation-outlook.pdf
Statement on Monetary Policy
18 Aug 2008
Bulletin
PDF
607KB
Reserve Bank of Australia Bulletin August 2008
https://www.rba.gov.au/publications/bulletin/2008/aug/pdf/bu-0808-1.pdf
Statement to Parliamentary Committee
12 Sep 2008
Bulletin
PDF
56KB
Opening Remarks by Mr Glenn Stevens, Governor, to House of Representatives Standing Committee on Economics, Melbourne, 8 September 2008.
https://www.rba.gov.au/publications/bulletin/2008/sep/pdf/bu-0908-2.pdf
Bulletin June Quarter 2023
29 Sep 2023
Bulletin
- June 2023
PDF
7089KB
https://www.rba.gov.au/publications/bulletin/2023/jun/pdf/bulletin-2023-06.pdf
Recent Developments in Small Business Finance
19 Feb 2002
Bulletin
PDF
80KB
Since 1999, the margin betweensmall business interest rates and the cash ratehas widened by as much as 55 basis points.As a result, even though the cash rate is nowbelow its ... The interest rate on3-year loans has fallen by 2 percentage pointssince its
https://www.rba.gov.au/publications/bulletin/2002/feb/pdf/bu-0202-2.pdf
A Medium-term Perspective on Monetary Policy
23 Feb 2001
Bulletin
PDF
51KB
over the same period, we have reduced ourunemployment rate from its peak by 4.6percentage points compared with 3.8percentage points for the US. ... or why did we raiserates by 50 basis points rather than 25?Inevitably, the answers to these
https://www.rba.gov.au/publications/bulletin/2000/sep/pdf/bu-0900-1.pdf
Understanding the Post-pandemic Demand for Australia's Banknotes
29 Jan 2024
Bulletin
- January 2024
PDF
680KB
https://www.rba.gov.au/publications/bulletin/2024/jan/pdf/understanding-the-post-pandemic-demand-for-australias-banknotes.pdf
The Term Funding Facility
9 Dec 2020
Bulletin
- December 2020
PDF
526KB
https://www.rba.gov.au/publications/bulletin/2020/dec/pdf/the-term-funding-facility.pdf