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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Inflation and Inequality: How High Inflation is Affecting Different Australian Households
23 Nov 2023
Conferences
PDF
1469KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-wood-chan-coates.pdf
Recent Developments in Federal Reserve System Liquidity and Reserve Operations | Conference – 2008
14 Jul 2008
Conferences
From September 2007 to April 2008, the Federal Open Market Committee (FOMC) reduced the target for the nominal overnight federal funds rate by 325 basis points. ... The rate spread was reduced further to 25 basis points and term loans extended to up to
https://www.rba.gov.au/publications/confs/2008/hilton.html
What the Campbell Committee Expected | Conference – 1991
21 Jun 1991
Conferences
system. Certainly, the Committee underestimated the extent to which this volatility would increase over the 1980s, a point discussed below. ... The examples illustrate two points. First, the private sector will generate changes which tend to increase the
https://www.rba.gov.au/publications/confs/1991/valentine.html
Capital Flows, Hedge Funds and Market Failure: A Hong Kong Perspective | Conference – 1999
9 Aug 1999
Conferences
The risk premium on the Hong Kong dollar, as measured by the interest rate premium over the US dollar for three-month money, fell from a high of 1250 basis points ... in August to 45 basis points in December 1998, which was comparable to the pre-crisis
https://www.rba.gov.au/publications/confs/1999/yam.html
Recent Developments in Federal Reserve System Liquidity and Reserve Operations
22 Oct 2008
Conferences
PDF
168KB
RBA Conference Volume 2008
https://www.rba.gov.au/publications/confs/2008/pdf/hilton.pdf
Monetary Policy and Financial Stability | Conference – 2017
16 Mar 2017
Conferences
At that point, the probability is reduced by 0.04 to 0.3 percentage points following a 100 basis point interest rate hike for a year, given the range of effects ... Meanwhile, the earlier analysis suggested that a 100 basis point increase in rates is
https://www.rba.gov.au/publications/confs/2017/dell-ariccia-habermeier-haksar-mancini-griffoli.html
A Perspective on Monetary Policy Transparency and Communication | Conference – 2004
9 Aug 2004
Conferences
Two points are worth noting, in passing, about the concept of goal transparency. ... b). na. 2.6. 2.2. 1.2. 90-day bill yield Average absolute daily change, basis points.
https://www.rba.gov.au/publications/confs/2004/edey-stone.html
Is Monetary Policy Less Effective When Interest Rates Are Persistently Low? | Conference – 2017
16 Mar 2017
Conferences
For Germany, Busch and Memmel (2015) argue that, in normal interest rate environments, the long-run effect of a 100 basis point change in the interest rate on net interest margins ... In the recent low interest rate environment, by contrast, they find
https://www.rba.gov.au/publications/confs/2017/borio-hofmann.html
Discussion of Decomposing Supply and Demand Driven Inflation
23 Nov 2023
Conferences
PDF
697KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-shapiro-discussion.pdf
Demographic Change, Saving and Asset Prices: Theory and Evidence | Conference – 2006
23 Jul 2006
Conferences
rate is projected to increase by slightly more than one percentage point in the EU scenario as compared to 2 percentage points in the OECD and World scenarios). ... than 1 percentage point if capital moves freely within the OECD (see Figure 3).
https://www.rba.gov.au/publications/confs/2006/borsch-supan.html