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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Is Monetary Policy Less Effective When Interest Rates Are Persistently Low? | Conference – 2017
16 Mar 2017
Conferences
For Germany, Busch and Memmel (2015) argue that, in normal interest rate environments, the long-run effect of a 100 basis point change in the interest rate on net interest margins ... In the recent low interest rate environment, by contrast, they find
https://www.rba.gov.au/publications/confs/2017/borio-hofmann.html
Discussion of Decomposing Supply and Demand Driven Inflation
23 Nov 2023
Conferences
PDF
697KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-shapiro-discussion.pdf
Semi-Annual Statement on Monetary Policy
10 May 1998
Bulletin
– May 1998
Since the previous. Semi-Annual Statement on Monetary Policy. , the yield on 10-year bonds has shown a net fall of 20 basis points, to around 5.75 per cent. ... However, other sovereigns with credit ratings similar to Australia who borrow in the US
https://www.rba.gov.au/publications/bulletin/1998/may/2.html
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
Syndicated Lending
13 Jun 2023
Bulletin
- June 2023
PDF
1022KB
https://www.rba.gov.au/publications/bulletin/2023/jun/pdf/syndicated-lending.pdf
Statement on Monetary Policy
10 Aug 2004
Bulletin
– August 2004
point, lifting the fed funds rate by 25 basis points to 1.25 per cent at its end-June meeting. ... Overall, emerging market spreads are around 80 basis points higher than their low point at the start of 2004, but are still at historically low levels
https://www.rba.gov.au/publications/bulletin/2004/aug/1.html
Semi-Annual Statement on Monetary Policy
10 Nov 1998
Bulletin
– November 1998
As the exchange rate then weakened, local bond yields moved back above US rates, reaching a differential of about 100 basis points late in August. ... Subsequently, this differential has narrowed to about 30 basis points. There is some evidence of
https://www.rba.gov.au/publications/bulletin/1998/nov/1.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
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