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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The Unit-effect Normalisation in Set-identified Structural Vector Autoregressions
6 Oct 2022
RDP
PDF
2224KB
100 basis point federal funds rate shock under different sets of identifying restrictions. ... Some. restrictions are very uninformative about the effects of a 100 basis point shock.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-04.pdf
Identifying Interbank Loans from Payments Data
6 Dec 2016
RDP
PDF
3267KB
overnight borrowing from the RBA is 25 basis points above the target cash rate). ... To summarise, when expanding the allowable interest rate range beyond 0 basis points around the.
https://www.rba.gov.au/publications/rdp/2016/pdf/rdp2016-11.pdf
Identifying Repo Market Microstructure from Securities Transactions Data
13 Aug 2018
RDP
PDF
2622KB
50 basis points, and drift upward between 2006 and 2015. For maturities up to 14 days, rates are. ... in basis points with two decimal places, have any non-zero decimals (‘non-rounded rates’).
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-09.pdf
The Unit-effect Normalisation in Set-identified Structural Vector Autoregressions
30 May 2022
Research Workshop
PDF
805KB
RBA Workshop 2022
https://www.rba.gov.au/publications/workshops/research/2022/pdf/rba-workshop-2022-read.pdf
Macrofinancial Stress Testing on Australian Banks
13 Sep 2023
RDP
PDF
1940KB
2 Our calibration results in wholesale funding spreads rising by 80 basis points for every percentage point of reduction. ... We feel this latter point is essential for modelling defaults on banks’ business lending portfolios,.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-03.pdf
Monetary Policy
21 Feb 2001
Media Release
PDF
58KB
the cash rate by 25 basis points, to 5.75 percent. ... The recent behaviour of the exchange rate also points to the need for some monetaryadjustment.
https://www.rba.gov.au/media-releases/2000/pdf/mr-00-08.pdf
Monetary Policy
21 Feb 2001
Media Release
PDF
80KB
STATEMENT BY THE GOVERNOR, MR IAN MACFARLANE. MONETARY POLICY. Following a decision made by the Board at its meeting yesterday, the Bank will beraising the cash rate target by 25 basis ... points, to 6 per cent, effective immediately.
https://www.rba.gov.au/media-releases/2000/pdf/mr-00-11.pdf
Designing Inflation Targets
7 Dec 2006
Conferences
PDF
120KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/haldane.pdf
The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data
8 Jun 2023
RDP
PDF
1310KB
interest rates results in a 5 basis point decline in net interest margins in the short run. ... during normal times, a 100 basis point reduction in short-term interest rates reduces smaller banks’.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-05.pdf
Impacts of Financial Factors on Emerging Market Business Cycle Fluctuations
1 Dec 2009
Research Workshop
PDF
365KB
Reserve Bank of Australia Research Workshop 2009
https://www.rba.gov.au/publications/workshops/research/2009/pdf/tanboon.pdf