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.
Search Results
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
See 13 more results from "RDP 2022-04"
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
See 11 more results from "RDP 2022-09"
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
See 1 more results from "RDP 8907"
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
See 3 more results from "RDP 9609"
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Mar 2023
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.60 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-07.html
Statement by Michele Bullock, Governor: Monetary Policy Decision
7 Nov 2023
Media Releases
At its meeting today, the Board decided to raise the cash rate target by 25 basis points to 4.35 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-30.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
5 May 2020
Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
https://www.rba.gov.au/media-releases/2020/mr-20-13.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
6 Dec 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.10 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-41.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Jun 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 85 basis points.
https://www.rba.gov.au/media-releases/2022/mr-22-14.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
4 Oct 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 2.60 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-33.html