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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 Future System for Monetary Policy Implementation - Consultation Paper - April 2024
15 Apr 2024
Consultations
PDF
720KB
Banks could leave reserves on deposit with the RBA at the ES rate (25 basis points below the cash rate target) or obtain them overnight at a rate 25 basis points ... which is currently set at 5 basis points, but could vary as needed by market conditions).
https://www.rba.gov.au/publications/consultations/202404-future-system-for-monetary-policy-implementation-in-australia/pdf/202404-the-future-system-for-monetary-policy-implementation-in-australia.pdf
Increasing the Threshold for the Application of the Financial Stability Standards for Securities Settlement Facilities
23 Nov 2023
Consultations
PDF
511KB
year, calculated on a gross basis, does not exceed a threshold value of $40 billion. ... calculate exposures to participants on a timely basis as required, and to receive and review.
https://www.rba.gov.au/publications/consultations/2023-11-increasing-the-fss-threshold-for-sffs/pdf/2023-11-increasing-the-fss-threshold-for-sffs.pdf
Policy Options and Discussion | Review of Card Surcharging: A Consultation Document June 2011 | Consultations
7 Jun 2011
Consultations
What constitutes ‘reasonable’ in this case could be left unspecified. Alternatively, a level of tolerance could be defined more precisely, for instance in terms of basis points for credit cards.
https://www.rba.gov.au/publications/consultations/201106-review-card-surcharging/policy-options-discussion.html
Innovation Gaps in the Australian Payments System | Strategic Review of Innovation in the Payments System: Issues for Consultation June…
7 Jun 2011
Consultations
These are dealt with separately below. As discussed, Australia's main retail payment systems operate on a deferred settlement basis. ... for point-of-sale transactions and use of password-based verification systems for online transactions.
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/innovation-gaps.html
Background | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations
8 Jun 2012
Consultations
In essence, the underlying transaction for EFTPOS and scheme debit is identical from the perspective of the cardholder at the point of sale – for both transactions, the funds are drawn from ... press the ‘credit’ button at the point of sale to
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/background.html
The Australian Repo Market | Central Clearing of Repos in Australia: A Consultation Paper | Consultations
6 Mar 2015
Consultations
While there is no interest charge for securities returned before the end of the day, a significant penalty (usually 300 basis points) applies to all overnight transactions executed under the facility. ... The overnight repo rate on securities obtained
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/australian-repo-market.html
Key Features of Repo CCPs | Central Clearing of Repos in Australia: A Consultation Paper | Consultations
6 Mar 2015
Consultations
facilitating anonymous trading on exchange. delivering greater transparency. providing a focal point for regulation and oversight. ... worst possible case in terms of the settlement order and the point of default.
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/key-features-repo-ccp.html
Message Design Enhancements | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019
31 Dec 2002
Consultations
There was general agreement that the starting point for defining domestic credit message standards should be the internationally agreed HVPS+ guidelines for domestic real-time gross settlement (RTGS) systems (Figure 6). ... systems in Australia on an
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/message-design-enhancements.html
ISO 20022 Migration for the Australian Payments System – Issues Paper
7 Apr 2019
Consultations
PDF
1644KB
A consultation paper issued by the Reserve Bank of Australia and the Australian Payments Council - April 2019
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/pdf/issues-paper.pdf
ISO 20022 Migration for the Australian Payments System – Conclusions Paper
25 Feb 2020
Consultations
PDF
560KB
From this point, all domestic payment messages in the HVCS will use ISO 20022. ... Also known as the SWIFT PDS. Settlement occurs on a line-by-line basis in RITS.
https://www.rba.gov.au/publications/consultations/202002-iso-20022-migration-for-the-australian-payments-system/pdf/iso-20022-migration-for-the-australian-payments-system-conclusions-paper.pdf