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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Bank Funding and the Recent Tightening of Monetary Policy
17 Apr 2024
Bulletin
- April 2024
PDF
1208KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/bank-funding-and-the-recent-tightening-of-monetary-policy.pdf
The Committed Liquidity Facility: 2015–2022
29 Jan 2024
Bulletin
- January 2024
PDF
507KB
https://www.rba.gov.au/publications/bulletin/2024/jan/pdf/the-committed-liquidity-facility-2015-2022.pdf
The Effects of Funding Costs and Risk on Banks’ Lending Rates
16 Mar 2011
Bulletin
PDF
225KB
Reserve Bank of Australia Bulletin March 2011
https://www.rba.gov.au/publications/bulletin/2011/mar/pdf/bu-0311-6.pdf
The Reserve Bank's Collateral Framework
7 Dec 2017
Bulletin
– December 2017
The Reserve Bank, like other central banks, holds collateral to reduce the risk of financial loss in its domestic market operations. The Reserve Bank's collateral framework sets out how the diverse portfolio of collateral assets is managed and
https://www.rba.gov.au/publications/bulletin/2017/dec/2.html
Bank Funding and the Recent Tightening of Monetary Policy
18 Apr 2024
Bulletin
– April 2024
Banks’ funding costs have risen substantially since early 2022, driven by increases in the cash rate.
https://www.rba.gov.au/publications/bulletin/2024/apr/bank-funding-and-the-recent-tightening-of-monetary-policy.html
Statement on Monetary Policy
10 May 2001
Bulletin
– May 2001
In early January, the yield on 10-year Treasury securities was about 160 basis points below the then Fed funds target – i.e. ... US. Yields on German 10-year government debt fell by around 25 basis points between January and mid March to 4.6 per cent.
https://www.rba.gov.au/publications/bulletin/2001/may/1.html
Recent Developments in Interest Rates on Bank Lending
10 Apr 1999
Bulletin
– April 1999
In June 1996, banks cut standard variable rates by around 75 basis points, independently of any move in monetary policy. ... A similar ‘competitive’ cut was made in February 1997, when banks reduced their standard rates by 70 basis points.
https://www.rba.gov.au/publications/bulletin/1999/apr/1.html
Banks' Funding Costs and Lending Rates
10 Mar 2012
Bulletin
– March 2012
basis points, relative to the cash rate, by the end of 2012 as maturing bonds and hedges are rolled over. ... Furthermore, in early 2012, most banks increased their standard variable rates by an average of about 10 basis points.
https://www.rba.gov.au/publications/bulletin/2012/mar/5.html
Recent Developments in the Cash Market
15 Jun 2023
Bulletin
– June 2023
Following the implementation of unconventional monetary policy measures during the COVID-19 pandemic, liquidity in the banking system rose significantly.
https://www.rba.gov.au/publications/bulletin/2023/jun/recent-developments-in-the-cash-market.html
Statement on Monetary Policy
13 Aug 2002
Bulletin
PDF
1061KB
Funds futures market was implying that thefirst 25 basis point increase would occur inMay 2002, with a cumulative increase of175 basis points, to 3.50 per cent, expectedby the end of ... 8. 60 basis points to its highest level since theearly 1980s (Graph
https://www.rba.gov.au/publications/bulletin/2002/aug/pdf/bu-0802-1.pdf