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 Effect of Credit Constraints on Housing Prices: (Further) Evidence from a Survey Experiment
25 Jan 2023
RDP
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1588KB
ΔlnLandvoigt et al. Average change. Marginalbuyer. Lower collateral constraint (15 percentage points). ... 0.0. 0.1. 0.2. 0.3. Δln. 0.0. 0.1. 0.2. 0.3. Δln. Lower mortgage rate (200 basis points).
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-01.pdf
How Risky is Australian Household Debt?
19 Aug 2020
RDP
PDF
1880KB
Mishkin (2007)).10 We include inequality on the basis that increased dispersion in household. ... but not time fixed effects. Given the very strong theoretical basis to expect a negative coefficient.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-05.pdf
A Sectoral Model of the Australian Economy
13 May 2008
RDP
PDF
220KB
Imports also fall below their baseline level. Overall, we estimate that the 25 basis point tightening reduces real GDP below its baseline level by just over 0.2 percentage points, which ... Figure 2: Responses to a 25 Basis Point Increase in the Cash Rate
https://www.rba.gov.au/publications/rdp/2008/pdf/rdp2008-01.pdf
What Do Financial Market Data Tell Us About Monetary Policy Transparency?
2 Dec 2009
RDP
PDF
516KB
Figure 1: Volatility of 3-month Interest Rate Daily moves larger than 10 basis points. ... 16. Table 4: Response of 1-month Paper to Monetary Policy Decisions January 1999 to December 2002 – absolute change, basis points.
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-05.pdf
Demand in the Repo Market: Indirect Perspectives from Open Market Operations from 2006 to 2020
9 May 2024
RDP
PDF
4625KB
2 basis points below the overnight indexed swap (OIS) rate (Figure 3).11 This relationship between. ... a 2.5 basis point increase from 5 basis points to 7.5 basis points would be regarded as a significant.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-03.pdf
Non-technical summary for 'Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions'
30 Dec 2022
RDP
PDF
535KB
RDP 2022-09 non-technical summary
https://www.rba.gov.au/publications/rdp/2022/2022-09/rdp-2022-09-non-technical-summary.pdf
Non-technical summary for 'The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets
14 Feb 2020
RDP
PDF
342KB
RDP 2020-02 non-technical summary
https://www.rba.gov.au/publications/rdp/2020/2020-02/rdp-2020-02-non-technical-summary.pdf
The Determinants of Mortgage Defaults in Australia – Evidence for the Double-trigger Hypothesis
19 Jul 2020
RDP
PDF
1853KB
income volatility. For example, a 4 percentage point increase in the regional unemployment rate is. ... time dimension (such as time since loan origination), loans are observed at different points along.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-03.pdf
A History of Australian Equities
31 Jul 2019
RDP
PDF
1467KB
yield, which is revealed to be around 200 basis points lower than previous estimates. ... 200 basis points lower than Lamberton’s estimates, although the correlation between the two series.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-04.pdf
Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication? Yes and No!
1 May 2023
RDP
PDF
1465KB
By yield maturity, average absolute yield change, basis points. 1-year 3-year 5-year 10-year Observations. ... after the May 2016 monetary policy announcement where a 25 basis point cut in the cash rate to.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-04.pdf