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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Household and Business Finances
8 Apr 2022
FSR
– April 2022
If interest rates were to increase by 200 basis points, current excess payments would be equivalent to just under 19 months of scheduled payments. ... Scenario analysis using information in the Securitisation dataset indicates that if variable mortgage
https://www.rba.gov.au/publications/fsr/2022/apr/household-business-finances.html
The Transmission of Monetary Policy through Banks' Balance Sheets | Conference – 2018
12 Apr 2018
Conferences
On average since 2003, intermediate pass-through to these non-discretionary components has been 103 to 109 basis points per 100 basis point cash rate change. ... Based on these estimates, a 100 basis point cut in the cash rate is expected to reduce
https://www.rba.gov.au/publications/confs/2018/brassil-cheshire-muscatello.html
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 Australian Financial System
6 Apr 2023
FSR
– April 2023
The Australian Financial System | Financial Stability Review – April 2023
https://www.rba.gov.au/publications/fsr/2023/apr/australian-financial-system.html
List of tables
10 Sep 2008
FSR
– September 2008
Date. Action. 17 Aug 07. – Spread between the Primary Credit Facility (discount window) rate and the target federal funds rate lowered from 100 basis points to 50 basis points. – ... Spread between the primary credit rate and the target federal funds
https://www.rba.gov.au/publications/fsr/2008/sep/tables.html
The Evolving Structure of the Australian Financial System | Conference – 1996
9 Jul 1996
Conferences
2. Overview of the Main Trends. 2.1 The Starting Point: The Financial System in the 1950s and 1960s. ... By comparison, rough estimates suggest that mortgage managers can deliver a residential mortgage product at the bank bill rate plus around 150 to 200
https://www.rba.gov.au/publications/confs/1996/edey-gray.html
The Transmission of Monetary Policy through Banks' Balance Sheets
10 Feb 2020
Conferences
PDF
1946KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-brassil-cheshire-muscatello.pdf
The Australian Financial System
10 Sep 2008
FSR
– September 2008
compared with an average spread of less than 10 basis points in the first half of 2007 (Graph 30). ... States around 80 basis points higher than prior to the credit market turmoil.
https://www.rba.gov.au/publications/fsr/2008/sep/aus-fin-sys.html
Inflation and Inequality: How High Inflation is Affecting Different Australian Households
23 Nov 2023
Conferences
PDF
1469KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-wood-chan-coates.pdf
Box C: Interest Rate Risk in the Australian Financial System
10 Feb 2020
FSR
April 2018
PDF
638KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/box-c.pdf