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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Monetary and Macroprudential Policies: The Case for a Separation of Powers | Conference – 2018
12 Apr 2018
Conferences
More careful studies bear this out. In 2010, my predecessor Charlie Bean estimated that, even had UK Bank Rate been 100 basis points higher from 2005, this would've reduced banks' ... well be to set tight fiscal policy but loose monetary policy (see Kohn
https://www.rba.gov.au/publications/confs/2018/broadbent.html
Taming the Real Estate Beast: The Effects of Monetary and Macroprudential Policies on Housing Prices and Credit
10 Dec 2012
Conferences
PDF
896KB
RBA Conference Volume 2012
https://www.rba.gov.au/publications/confs/2012/pdf/kuttner-shim.pdf
Designing Inflation Targets | Conference – 1997
21 Jul 1997
Conferences
So while these studies highlight behaviourally important welfare costs, it is difficult to believe they would add more than a few basis points to our estimate of B. ... cent points are added to the NAIRU for each percentage point of disinflation (an
https://www.rba.gov.au/publications/confs/1997/haldane.html
Setting Monetary Policy in East Asia: Goals, Developments and Institutions | Conference – 2001
24 Jul 2001
Conferences
depreciation of the won, higher oil prices and rises in public-sector tariffs) in lowering interest rates only 50 basis points thus far this year. ... The 1-month HIBOR fell below LIBOR by over 100 basis points at times, and 1-year HIBOR (a very liquid
https://www.rba.gov.au/publications/confs/2001/mccauley.html
Australia's Prosperous 2000s: Housing and the Mining Boom | Conference – 2011
24 Jul 2000
Conferences
and by a total of 375 basis points within five months of the Lehman Brothers collapse. ... Including the 25 basis point cut in September, the cumulative reduction from the peak in the cash rate was 425 basis points to 3 per cent in April 2009, a new
https://www.rba.gov.au/publications/confs/2011/kearns-lowe.html
Financial-asset Prices and Monetary Policy: Theory and Evidence | Conference – 1997
21 Jul 1997
Conferences
and. On the basis of Equations (8) to (10) two observations can be made. ... The estimate of the parameter γ implies that the Australian cash rate is raised by around 25 basis points for every 1 per cent rise in output above the OECD's
https://www.rba.gov.au/publications/confs/1997/smets.html
Monetary Policy and Financial Stability in a World of Low Interest Rates
18 Dec 2017
Conferences
PDF
8052KB
RBA Conference Volume 2017
https://www.rba.gov.au/publications/confs/2017/pdf/rba-conference-volume-2017.pdf
Credibility, Flexibility and Renewal: The Evolution of Inflation Targeting in Canada | Conference – 2018
12 Apr 2018
Conferences
The BoC enacted more than 4 percentage points' worth of conventional easing between December 2007 and April 2009, when the overnight rate reached the ELB, then assessed at 25 basis points. ... the number of quarters needed to return to within 10 basis
https://www.rba.gov.au/publications/confs/2018/carter-mendes-schembri.html
Regulating the New Financial Markets | Conference – 1996
9 Jul 1996
Conferences
Banks left to themselves will accept more risk than is optimal from a systemic point of view. ... portfolio is worth significantly less in liquidation than on a going concern basis.
https://www.rba.gov.au/publications/confs/1996/dale.html
Robust Design Principles for Monetary Policy Committees | Conference – 2018
12 Apr 2018
Conferences
the other eleven regional Federal Reserve Banks who cast votes on a rotating basis. ... From September 2007 to April 2008, the FOMC slashed the target federal funds rate by a total of 3 percentage points to a level that was still a percentage point
https://www.rba.gov.au/publications/confs/2018/archer-levin.html