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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Overview
7 Nov 2019
SMP
- November 2019
PDF
99KB
https://www.rba.gov.au/publications/smp/2019/nov/pdf/00-overview.pdf
Statement on Monetary Policy - August 2008
7 Aug 2008
SMP
PDF
581KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2008/aug/pdf/0808.pdf
Overview
4 Feb 2021
SMP
- February 2021
PDF
148KB
https://www.rba.gov.au/publications/smp/2021/feb/pdf/00-overview.pdf
Overview
8 Aug 2022
SMP
- August 2022
PDF
73KB
https://www.rba.gov.au/publications/smp/2022/aug/pdf/00-overview.pdf
Inflation
6 Dec 2023
SMP
- August 2023
PDF
2166KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/04-inflation.pdf
Domestic Financial Conditions
7 Aug 2020
SMP
- August 2020
PDF
838KB
https://www.rba.gov.au/publications/smp/2020/aug/pdf/04-domestic-financial-conditions.pdf
Domestic Financial Markets
1 Mar 2012
SMP
– February 2012
PDF
724KB
https://www.rba.gov.au/publications/smp/2012/feb/pdf/dom-fin-mkts.pdf
Overview Economic developments continue to be driven by the ...
5 Nov 2020
SMP
PDF
177KB
Output growth in the September quarter is estimated to be around 2 percentage points lower than if that outbreak had not occurred. ... With the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero, interest
https://www.rba.gov.au/publications/smp/2020/nov/pdf/00-overview.pdf
Overview
3 Nov 2022
SMP
- November 2022
PDF
73KB
https://www.rba.gov.au/publications/smp/2022/nov/pdf/overview.pdf
Overview
9 Aug 2020
SMP
- August 2020
PDF
159KB
https://www.rba.gov.au/publications/smp/2020/aug/pdf/00-overview.pdf