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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Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data
15 Feb 2024
RDP
2024-01
The share of SMEs (less than 200 employees) innovating falls by 6 percentage points the year after a 100 basis point contractionary monetary policy shock (Table 1). ... Table 1: Effect of 100 Basis Point Contractionary Shock on Share of Firms Innovating.
https://www.rba.gov.au/publications/rdp/2024/2024-01/full.html
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The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data
21 Jun 2023
RDP
2023-05
However, we find a smaller effect than in previous studies: on average across countries, a 100 basis point fall in short-term interest rates results in a 5 basis point decline
https://www.rba.gov.au/publications/rdp/2023/2023-05.html
See 5 more results from "RDP 2023-05"
Domestic Financial Markets
4 May 2012
SMP
- May 2012
PDF
737KB
https://www.rba.gov.au/publications/smp/2012/may/pdf/dom-fin-mkts.pdf
Domestic Financial Markets
9 Aug 2012
SMP
– August 2012
PDF
390KB
https://www.rba.gov.au/publications/smp/2012/aug/pdf/dom-fin-mkts.pdf
Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions
29 Dec 2022
RDP
PDF
1886KB
100 basis point shock. This occurs because the identifying restrictions may admit the possibility that. ... Sign restrictions may. therefore be extremely uninformative about the effects of a 100 basis point shock.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-09.pdf
Domestic Financial Conditions
5 May 2023
SMP
- May 2023
PDF
2572KB
https://www.rba.gov.au/publications/smp/2023/may/pdf/03-domestic-financial-conditions.pdf
Demand in the Repo Market: Indirect Perspectives from Open Market Operations from 2006 to 2020
9 May 2024
RDP
PDF
4625KB
2 basis points below the overnight indexed swap (OIS) rate (Figure 3).11 This relationship between. ... a 2.5 basis point increase from 5 basis points to 7.5 basis points would be regarded as a significant.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-03.pdf
Outlook
6 Feb 2024
SMP
– February 2024
Outlook | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/outlook.html
List of tables
10 May 2009
SMP
– May 2009
start of. easing phase. Per cent. Basis points. United States. 0.125. ... Change since. start of easing phase. Per cent. Basis points. Basis points.
https://www.rba.gov.au/publications/smp/2009/may/tables.html
Domestic Financial Conditions
7 Nov 2019
SMP
- November 2019
PDF
866KB
https://www.rba.gov.au/publications/smp/2019/nov/pdf/03-domestic-financial-conditions.pdf