Search: basis point
Did you mean
basispoints?
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.
Search Results
Statement by Glenn Stevens, Governor: Monetary Policy
7 Nov 2007
Media Releases
Announcement of increase in the cash rate by 25 basis points to 6.75 per cent
https://www.rba.gov.au/media-releases/2007/mr-07-20.html
Statement by Glenn Stevens, Governor: Monetary Policy
7 Oct 2008
Media Releases
Announcement that the Board decided to lower the cash rate by 100 basis points to 6.0 per cent
https://www.rba.gov.au/media-releases/2008/mr-08-20.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
6 Jun 2023
Media Releases
Date. 6 June 2023. At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.10 per cent. ... It also increased the interest rate paid on Exchange Settlement balances by 25 basis points to 4.00 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-13.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
3 Nov 1999
Media Releases
Announcement of increase in the cash rate by 25 basis points, to 5.0 per cent
https://www.rba.gov.au/media-releases/1999/mr-99-11.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
4 Apr 2001
Media Releases
Announcement of reduction in the cash rate by a further 50 basis points to 5.0 per cent
https://www.rba.gov.au/media-releases/2001/mr-01-07.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
2 Feb 2000
Media Releases
Announcement of increase in the cash rate by 50 basis points, to 5.5 per cent
https://www.rba.gov.au/media-releases/2000/mr-00-03.html
Statement by the Governor, Mr Ian Macfarlane: Reduction in Interest Rates
30 Jul 1997
Media Releases
Announcement of reduction in the cash rate by 50 basis points, to 5.0 per cent
https://www.rba.gov.au/media-releases/1997/mr-97-15.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
5 Sep 2001
Media Releases
Announcement of reduction in the cash rate by a further 25 basis points to 4.75 per cent
https://www.rba.gov.au/media-releases/2001/mr-01-15.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
2 Aug 2000
Media Releases
Announcement of increase in the cash rate by 25 basis points, to 6.25 per cent
https://www.rba.gov.au/media-releases/2000/mr-00-13.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
8 May 2002
Media Releases
Announcement of increase in the cash rate by 25 basis points to 4.50 per cent
https://www.rba.gov.au/media-releases/2002/mr-02-10.html