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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Credit Spreads, Monetary Policy and the Price Puzzle
23 Jan 2020
RDP
PDF
1959KB
conditions is sizeable. All else equal, a 100 basis point decline in money market risk spreads leads. ... following a 100 basis point temporary increase in the cash rate, the unemployment rate peaks after.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-01.pdf
The Term Funding Facility: Has It Encouraged Business Lending?
8 Dec 2022
RDP
PDF
2133KB
points; a change in the rate of remuneration of exchange settlement balances to 10 basis points; a. ... 14 basis points above and 40 basis points below senior unsecured (domestic) bonds.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-07.pdf
Statement on Monetary Policy
6 Dec 2023
SMP
- August 2023
PDF
9542KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/statement-on-monetary-policy-2023-08.pdf
Overview
5 May 2023
SMP
- May 2023
PDF
65KB
https://www.rba.gov.au/publications/smp/2023/may/pdf/overview.pdf
International and Foreign Exchange Markets
5 May 2011
SMP
– May 2011
PDF
892KB
https://www.rba.gov.au/publications/smp/2011/may/pdf/intl-fx-mkts.pdf
Firms’ Price-setting Behaviour: Insights from Earnings Calls
6 Nov 2023
RDP
PDF
1677KB
managers have been requested to reduce costs on an ongoing basis, thereby explaining persistent. ... aggregate indices from both methodologies can identify significant turning points in the economy.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-06.pdf
Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication? Yes and No!
1 May 2023
RDP
PDF
1465KB
By yield maturity, average absolute yield change, basis points. 1-year 3-year 5-year 10-year Observations. ... after the May 2016 monetary policy announcement where a 25 basis point cut in the cash rate to.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-04.pdf
Statement on Monetary Policy - May 2024
8 May 2024
SMP
- May 2024
PDF
3509KB
https://www.rba.gov.au/publications/smp/2024/may/pdf/statement-on-monetary-policy-2024-05.pdf
Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
12 Sep 2019
RDP
PDF
1464KB
declined by around 500 basis points, the total cost of equity rose marginally. ... banks to break even on foreign exchange swaps increased to around 35 basis points (point B,.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-09.pdf
Statement on Monetary Policy - May 2008
9 May 2008
SMP
PDF
626KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2008/may/pdf/0508.pdf