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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The Effects of a 100 Basis Point Monetary Policy Shock
3 Jan 2023
RDP
2022-09
Table 3: Posterior Lower Probability that Response to 100 Basis Point Shock is Less than Threshold. ... reasonably robust evidence for an appreciable fall in prices following a 100 basis point shock.
https://www.rba.gov.au/publications/rdp/2022/2022-09/the-effects-of-a-100-basis-point-monetary-policy-shock.html
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The Effects of a 100 Basis Point Federal Funds Rate Shock
11 Oct 2022
RDP
2022-04
to a 100 basis point shock are guaranteed to be bounded with very high posterior probability. ... Table 1: Posterior Lower and Upper Probabilities that Decline in Output Exceeds Threshold Following 100 Basis Point Shock.
https://www.rba.gov.au/publications/rdp/2022/2022-04/the-effects-of-a-100-basis-point-federal-funds-rate-shock.html
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Cross-Country Linkages
1 Nov 1996
RDP
9609
Figure 11: US Market's Impact on OVERNIGHT Basis Point Change in Australian Bond Yields. ... Figure 12: US Market's Impact on INTRADAY Basis Point Change in Australian Bond Yields.
https://www.rba.gov.au/publications/rdp/1996/9609/cross-country-linkages.html
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Simulation Results
1 Nov 1989
RDP
8907
Permanent 300 basis point rise in real interest rates;. Permanent 5 percent rise in inflation; and a. ... In this simulation we assume that real interest rates rise permanently by 300 basis points.
https://www.rba.gov.au/publications/rdp/1989/8907/simulation-results.html
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Bulletin
18 Apr 2024
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/
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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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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The Personal Credit Card Market in Australia: Pricing over the Past Decade
10 Mar 2012
Bulletin
– March 2012
Some issuers have also introduced a cap on reward points for spending above a certain amount. ... merchants). This is similar to the level of generosity of reward points prior to the reforms.
https://www.rba.gov.au/publications/bulletin/2012/mar/7.html
The Effects of Funding Costs and Risk on Banks' Lending Rates
10 Mar 2011
Bulletin
– March 2011
to the onset of the financial crisis, it was about 150 basis points below the cash rate. ... mid 2007 to a peak of around 350 basis points in mid 2009.
https://www.rba.gov.au/publications/bulletin/2011/mar/6.html
April | 2024
18 Apr 2024
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2024/apr/