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.
Search Results
A Perspective on Monetary Policy Transparency and Communication | Conference – 2004
9 Aug 2004
Conferences
Two points are worth noting, in passing, about the concept of goal transparency. ... b). na. 2.6. 2.2. 1.2. 90-day bill yield Average absolute daily change, basis points.
https://www.rba.gov.au/publications/confs/2004/edey-stone.html
Twenty-five Years of Inflation Targeting in Australia | Conference – 2018
12 Apr 2018
Conferences
I will return to this point later in discussing some of the current challenges. ... But inflation was still at its post-recession lows of 2 per cent when the RBA increased the cash rate by 275 basis points in three moves over the second half
https://www.rba.gov.au/publications/confs/2018/debelle.html
Demographic Change, Saving and Asset Prices: Theory and Evidence | Conference – 2006
23 Jul 2006
Conferences
rate is projected to increase by slightly more than one percentage point in the EU scenario as compared to 2 percentage points in the OECD and World scenarios). ... than 1 percentage point if capital moves freely within the OECD (see Figure 3).
https://www.rba.gov.au/publications/confs/2006/borsch-supan.html
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
Expectations and the Neutrality of Interest Rates
27 Nov 2023
Conferences
PDF
477KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-cochrane.pdf
Reserve Bank of Australia Annual Report 2021
29 Sep 2022
RBA Annual Report
2021
PDF
6721KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/2021-report.pdf
Monetary Policy and Financial Stability | Conference – 2017
16 Mar 2017
Conferences
At that point, the probability is reduced by 0.04 to 0.3 percentage points following a 100 basis point interest rate hike for a year, given the range of effects ... Meanwhile, the earlier analysis suggested that a 100 basis point increase in rates is
https://www.rba.gov.au/publications/confs/2017/dell-ariccia-habermeier-haksar-mancini-griffoli.html
A Snapshot of Inflation Targeting in its Adolescence
27 Nov 2006
Conferences
PDF
283KB
RBA Conference Volume 2004
https://www.rba.gov.au/publications/confs/2004/pdf/kuttner.pdf
Operations in Financial Markets
27 Oct 2022
RBA Annual Report
– October 2022
This spread has been around 5 basis points, but the Bank can change this depending on market conditions. ... Until mid-November 2021, the cash rate was 3 basis points compared with a target of 10 basis points.
https://www.rba.gov.au/publications/annual-reports/rba/2022/operations-in-financial-markets.html
The Australian Financial System in the 2000s: Dodging the Bullet | Conference – 2011
24 Jul 2000
Conferences
Thereafter, however, the spread remained relatively stable (at 180 basis points) until the start of 2008 when banks adjusted rates to widen the spread over the official cash rate, reflecting higher ... Another mechanism was by way of compression of bank
https://www.rba.gov.au/publications/confs/2011/davis.html