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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Changes to Statistical Tables
10 May 2024
Statistics
Data on money market corporation assets can still be found on a quarterly basis in Statistical Table B1. ... The data will be now be published on a monthly basis on the third Thursday of each month.
https://www.rba.gov.au/statistics/tables/changes-to-tables.html
The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases
24 May 2022
RDP
2022-02
In sum, the yield on the 10-year AGS declined by around 30 basis points. ... AGS yields declined across the curve in response to the identified events, with the cumulative change largest at the 10-year point at around 30 basis points (Figure 5).
https://www.rba.gov.au/publications/rdp/2022/2022-02/full.html
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Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
7 Jan 2024
RDP
PDF
1715KB
Figure B1). Figure 2: Investment Response to 100 Basis Point Monetary Policy Shock. ... and Palazzo 2021). 10. Figure 3: Investment Response to 100 Basis Point Monetary Policy Shock.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-09.pdf
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
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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 Future System for Monetary Policy Implementation
2 Apr 2024
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), Bloomberg Australia Briefing, Sydney
https://www.rba.gov.au/speeches/2024/sp-ag-2024-04-02.html
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
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 Future System for Monetary Policy Implementation
2 Apr 2024
Speech
PDF
657KB
Speech - 2024
https://www.rba.gov.au/speeches/2024/pdf/sp-ag-2024-04-02.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