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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Statement by Glenn Stevens, Governor: Monetary Policy Decision
4 Dec 2012
Media Releases
Announcement that the Board decided to reduce the cash rate by 25 basis points to 3.0 per cent, effective 5 December 2012
https://www.rba.gov.au/media-releases/2012/mr-12-36.html
Statement by Glenn Stevens, Governor: Monetary Policy
7 Apr 2009
Media Releases
Announcement of reduction in the cash rate by 25 basis points to 3.0 per cent
https://www.rba.gov.au/media-releases/2009/mr-09-06.html
Statement by Glenn Stevens, Governor: Monetary Policy Decision
2 Mar 2010
Media Releases
Announcement that the Board decided to raise the cash rate by 25 basis points to 4.0 per cent
https://www.rba.gov.au/media-releases/2010/mr-10-04.html
Statement by Glenn Stevens, Governor: Monetary Policy
1 Dec 2009
Media Releases
Announcement of increase in the cash rate by 25 basis points to 3.75 per cent
https://www.rba.gov.au/media-releases/2009/mr-09-28.html
Statement by Glenn Stevens, Governor: Monetary Policy
6 Oct 2009
Media Releases
Announcement that the Board decided to raise the cash rate by 25 basis points to 3.25 per cent
https://www.rba.gov.au/media-releases/2009/mr-09-23.html
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
The Consequences of Low Interest Rates for the Australian Banking Sector
29 Dec 2022
Conferences
PDF
1221KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-brassil.pdf
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
7 Mar 2001
Media Releases
Announcement of reduction in the cash rate by 25 basis points to 5.50 per cent
https://www.rba.gov.au/media-releases/2001/mr-01-04.html
Statement by Glenn Stevens, Governor: Monetary Policy Decision
1 May 2012
Media Releases
Announcement that the Board decided to lower the cash rate by 50 basis points to 3.75 per cent
https://www.rba.gov.au/media-releases/2012/mr-12-10.html
Central Bank Frameworks: Evolution or Revolution?
4 Jan 2023
Conferences
PDF
7522KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018.pdf