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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Monetary Policy During COVID
6 May 2021
Speech
PDF
638KB
a reduction in the interest rate on ES balances from 10 basis points to zero. ... But thespread between the two has widened by around 20 basis points in recent months.
https://www.rba.gov.au/speeches/2021/pdf/sp-dg-2021-05-06.pdf
Are Inflationary Shocks Regressive? A Feasible Set Approach
19 Dec 2023
Research Workshop
PDF
842KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-del-canto-grigsby-qian-walsh.pdf
The Usual Transmission – Monetary Policy and Financial Conditions
13 Aug 2019
Speech
PDF
471KB
Two weeks ago, the US FOMC reduced the fed funds rate by 25 basis points. ... Followingthe 50 basis point reduction in the cash rate from June to July, lenders lowered their standardvariable rates (SVRs) on housing loans by an average of 44 basis points
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-08-13.pdf
30/06/2020 The Reserve Bank's Policy Actions and Balance Sheet ...
30 Jun 2020
Speech
PDF
349KB
5. Setting the rate paid on Exchange Settlement (ES) balances at the RBA at 10 basis points. ... The cash rate is higher than the rate of return on ES balances of 10 basis points.
https://www.rba.gov.au/speeches/2020/pdf/sp-dg-2020-06-30.pdf
The Consequences of Low Interest Rates for the Australian Banking Sector
19 Dec 2022
RDP
PDF
1588KB
would cause only 20 basis points of any subsequent 25 basis point reduction to be passed through. ... point reduction in loss provisioning (compared with 7 basis points in Australia).
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-08.pdf
Modernising Australia's Payments System
11 Mar 2024
Speech
PDF
486KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-12-12.pdf
27/07/2020 The Reserve Bank's Operations – Liquidity, Market Function ...
27 Jul 2020
Speech
PDF
390KB
Since the latter part of April, it has generally been either13 or 14 basis points. ... In particular, banks havebeen able to issue bank bills at rates below 25 basis points.
https://www.rba.gov.au/speeches/2020/pdf/sp-ag-2020-07-27.pdf
Capital Flows to China and the Issue of Hot Money: An Empirical Investigation
6 Dec 2010
Research Workshop
PDF
234KB
Reserve Bank of Australia Research Workshop 2010
https://www.rba.gov.au/publications/workshops/research/2010/pdf/lai.pdf
Missing Growth from Creative Destruction Philippe Aghion, Antonin Bergeaud ...
20 Nov 2018
Research Workshop
PDF
339KB
yes, but modestly at most. Missing growth slowed down by 4 basis points when. ... And. missing growth sped up by 17 basis points when official growth dropped 170.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-huiyu-li.pdf
Monetary Policy Frameworks Away from the ELB
20 Dec 2023
Conferences
PDF
4375KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-de-fiore-mojon-rees-sandri.pdf