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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COVID-19, the Labour Market and Public Sector Balance Sheets
21 Jul 2020
Speech
Speech delivered by Philip Lowe, Governor, to the Anika Foundation, Online
https://www.rba.gov.au/speeches/2020/sp-gov-2020-07-21.html
The Recovery, Investment and Monetary Policy
10 Mar 2021
Speech
Speech delivered by Philip Lowe, Governor, AFR Business Summit, Sydney
https://www.rba.gov.au/speeches/2021/sp-gov-2021-03-10.html
US Monetary Policy and Australian Financial Conditions
10 Dec 2018
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), at the Bloomberg Address, Sydney
https://www.rba.gov.au/speeches/2018/sp-ag-2018-12-10.html
Opening Statement to the House of Representatives Standing Committee on Economics
14 Aug 2020
Speech
Speech delivered by Philip Lowe, Governor, Online
https://www.rba.gov.au/speeches/2020/sp-gov-2020-08-14.html
Monetary Policy Decision
6 Feb 2024
Speech
Media Conference 6 February 2024 – Monetary Policy Decision, Sydney
https://www.rba.gov.au/speeches/2024/mc-gov-2024-02-06.html
Banking and the COVID-19 Pandemic
15 Dec 2020
Speech
Speech delivered by Jonathan Kearns, Head of Financial Stability, to UNSW's 33rd Australasian Finance and Banking Conference, Sydney
https://www.rba.gov.au/speeches/2020/sp-so-2020-12-15.html
Modernising Australia's Payments System
12 Dec 2023
Speech
Speech delivered by Michele Bullock, Governor, Australian Payments Network Summit, Sydney
https://www.rba.gov.au/speeches/2023/sp-gov-2023-12-12.html
The Virus and the Australian Economy
11 Mar 2020
Speech
Speech delivered by Guy Debelle, Deputy Governor, at the Australian Financial Review Business Summit, Sydney
https://www.rba.gov.au/speeches/2020/sp-dg-2020-03-11.html
Open Market Operations and Domestic Securities
29 Nov 2007
Speech
Table 1: Deviations from Cash Rate Target. Number of days. Basis point deviations . ... The spread prior to these developments had been around 5–8 basis points.
https://www.rba.gov.au/speeches/2007/sp-ag-291107.html
An Economic and Financial Update
21 Apr 2020
Speech
Speech delivered by Philip Lowe, Governor, Sydney
https://www.rba.gov.au/speeches/2020/sp-gov-2020-04-21.html