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
Traded-Debt Securities
1 Dec 1994
RDP
9408
Underlying the risk-weighting process is an assumed yield curve shift ranging from 100 basis points at the short end to 60 basis points at the long end. ... This represents the product of the duration weight of 0.7 and the assumed change in yield of 100
https://www.rba.gov.au/publications/rdp/1994/9408/traded-deb-securities.html