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 Stance of Monetary Policy in a World of Numerous Tools
20 Oct 2020
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), to the IFR Australia DCM Roundtable Webinar, Online
https://www.rba.gov.au/speeches/2020/sp-ag-2020-10-20.html
A Monetary Policy Fit for the Future
22 Nov 2023
Speech
Speech delivered by Michele Bullock, Governor, Australian Business Economists Annual Dinner, Sydney
https://www.rba.gov.au/speeches/2023/sp-gov-2023-11-22.html
COVID-19, the Labour Market and Public Sector Balance Sheets
21 Jul 2020
Speech
Speech delivered by Philip Lowe, Governor, to the Anika Foundation, Online
https://www.rba.gov.au/speeches/2020/sp-gov-2020-07-21.html
The Shift to Electronic Payments – Some Policy Issues
28 Mar 2023
Speech
Speech delivered by Ellis Connolly, Head of Payments Policy, AFR Banking Summit, Sydney
https://www.rba.gov.au/speeches/2023/sp-so-2023-03-28.html
The Committed Liquidity Facility
23 Jul 2019
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), to Bloomberg, Sydney
https://www.rba.gov.au/speeches/2019/sp-ag-2019-07-23.html
The Recovery, Investment and Monetary Policy
10 Mar 2021
Speech
Speech delivered by Philip Lowe, Governor, AFR Business Summit, Sydney
https://www.rba.gov.au/speeches/2021/sp-gov-2021-03-10.html
Monetary Policy During COVID
6 May 2021
Speech
PDF
638KB
a reduction in the interest rate on ES balances from 10 basis points to zero. ... But thespread between the two has widened by around 20 basis points in recent months.
https://www.rba.gov.au/speeches/2021/pdf/sp-dg-2021-05-06.pdf
Australian Securitisation Markets: Responding to Change
1 Dec 2023
Speech
PDF
817KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-11-21.pdf
FX Markets Around the Turn of the Year
17 Feb 2021
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), at Australian Corporate Treasury Association FX Webinar
https://www.rba.gov.au/speeches/2021/sp-ag-2021-02-17.html
US Monetary Policy and Australian Financial Conditions
10 Dec 2018
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), at the Bloomberg Address, Sydney
https://www.rba.gov.au/speeches/2018/sp-ag-2018-12-10.html