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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Note 1 – Accounting Policies
12 Apr 2020
RBA Annual Report
– 2020
Under this arrangement, authorised deposit-taking institutions (ADIs) are able to access funding through reverse repurchase agreements with a three-year term and a fixed interest rate of 25 basis points. ... Revenue is recognised on a gross basis at the
https://www.rba.gov.au/publications/annual-reports/rba/2020/financial-statements/note-1.html
Operations in Financial Markets
17 Oct 2019
RBA Annual Report
– 2019
The cash rate was reduced by a further 25 basis points to 1.00 per cent in July 2019. ... at an interest rate of 25 basis points above the cash rate target.
https://www.rba.gov.au/publications/annual-reports/rba/2019/operations-in-financial-markets.html
Notes to and Forming Part of the Financials Statements
9 Aug 2023
RBA Annual Report
- 2022
PDF
284KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/notes.pdf
Risk Management
9 Aug 2023
RBA Annual Report
- 2022
PDF
545KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/risk-management.pdf
Operations in Financial Markets
20 Sep 2018
RBA Annual Report
– 2018
There is no scope for ESA holders to allow their accounts to be in deficit and any surplus balances are remunerated at an interest rate that is 25 basis points below ... These conditions include a fee of 15 basis points per annum on the committed amount
https://www.rba.gov.au/publications/annual-reports/rba/2018/operations-in-financial-markets.html
ISO 20022 Migration for the Australian Payments System – Issues Paper
7 Apr 2019
Consultations
PDF
1644KB
A consultation paper issued by the Reserve Bank of Australia and the Australian Payments Council - April 2019
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/pdf/issues-paper.pdf
Increasing the Threshold for the Application of the Financial Stability Standards for Securities Settlement Facilities
23 Nov 2023
Consultations
PDF
511KB
year, calculated on a gross basis, does not exceed a threshold value of $40 billion. ... calculate exposures to participants on a timely basis as required, and to receive and review.
https://www.rba.gov.au/publications/consultations/2023-11-increasing-the-fss-threshold-for-sffs/pdf/2023-11-increasing-the-fss-threshold-for-sffs.pdf
Operations in Financial Markets
21 Oct 2021
RBA Annual Report
– 2021
at an interest rate of 25 basis points above the cash rate target. ... From 2015 to 2019, the Reserve Bank charged a fee of 15 basis points per annum on the commitment to each bank.
https://www.rba.gov.au/publications/annual-reports/rba/2021/operations-in-financial-markets.html
Policy Options and Discussion | Review of Card Surcharging: A Consultation Document June 2011 | Consultations
7 Jun 2011
Consultations
What constitutes ‘reasonable’ in this case could be left unspecified. Alternatively, a level of tolerance could be defined more precisely, for instance in terms of basis points for credit cards.
https://www.rba.gov.au/publications/consultations/201106-review-card-surcharging/policy-options-discussion.html
Reserve Bank of Australia Annual Report 2020 - Operations in Financial Markets
14 Oct 2020
Annual Report
PDF
919KB
at an interest rate of 25 basis points above the cash rate target. ... below the cash rate target of 25 basis points when lending cash overnight.
https://www.rba.gov.au/publications/annual-reports/rba/2020/pdf/operations-in-financial-markets.pdf