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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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2 March 2021 | Minutes of the Monetary Policy Meeting of the Board

16 Mar 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 March 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-03-02.html

1 September 2020 | Minutes of the Monetary Policy Meeting of the Board

15 Sep 2020 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 September 2020
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2020/2020-09-01.html

5 November 2019 | Minutes of the Monetary Policy Meeting of the Board

19 Nov 2019 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 November 2019
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-11-05.html

4 November 2008 | Minutes of the Monetary Policy Meeting of the Board

18 Nov 2008 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 November 2008
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2008/04112008.html

Measuring the Effect of the Zero Lower Bound on Medium- and Longer-Term Interest Rates

13 Dec 2012 Research Workshop PDF 867KB
Reserve Bank of Australia Workshop 2012
https://www.rba.gov.au/publications/workshops/research/2012/pdf/swanson-williams.pdf

Putting the Cycle Back into Business Cycle Analysis

17 Jan 2017 Research Workshop PDF 7471KB
https://www.rba.gov.au/publications/workshops/research/2016/pdf/rba-workshop-2016-portier.pdf

2 February 2021 | Minutes of the Monetary Policy Meeting of the Board

16 Feb 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 February 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-02-02.html

(un)conventional Policy and the Zero Lower Bound

13 Dec 2012 Research Workshop PDF 276KB
Reserve Bank of Australia Workshop 2012
https://www.rba.gov.au/publications/workshops/research/2012/pdf/defiori-tristani.pdf

Intergenerational Redistribution in the Great Recession

4 Jan 2018 Research Workshop PDF 460KB
https://www.rba.gov.au/publications/workshops/research/2017/pdf/rba-workshop-2017-dirk-krueger.pdf

3 December 2019 | Minutes of the Monetary Policy Meeting of the Board

17 Dec 2019 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 December 2019
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-12-03.html