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
Statement on Monetary Policy
10 Aug 2002
Bulletin
– August 2002
Yields on Japanese government bonds also fell, declining by around 10 basis points to below 1.3 per cent. ... In contrast, European emerging market spreads have widened on average by around 150 basis points in recent months.
https://www.rba.gov.au/publications/bulletin/2002/aug/1.html
Statement on Monetary Policy
10 Feb 2002
Bulletin
– February 2002
basis points above the Fed funds target, similar to the reading in the early 1990s (Graph 12). ... 60 basis points from their November trough, to around 4.85 per cent.
https://www.rba.gov.au/publications/bulletin/2002/feb/1.html
Bank Fees in Australia
29 Jan 2024
Bulletin
- January 2024
PDF
832KB
https://www.rba.gov.au/publications/bulletin/2024/jan/pdf/bank-fees-in-australia.pdf
Semi-Annual Statement on Monetary Policy
10 May 1997
Bulletin
– May 1997
While the seasonally adjusted monthly import data point to reasonable growth in the March quarter, the corresponding data for the quantity of imports on a quarterly basis appear little changed. ... Falls in mortgage interest rates detracted 0.5 of a
https://www.rba.gov.au/publications/bulletin/1997/may/1.html
Semi-Annual Statement on Monetary Policy
10 May 1998
Bulletin
– May 1998
Since the previous. Semi-Annual Statement on Monetary Policy. , the yield on 10-year bonds has shown a net fall of 20 basis points, to around 5.75 per cent. ... However, other sovereigns with credit ratings similar to Australia who borrow in the US
https://www.rba.gov.au/publications/bulletin/1998/may/2.html
Statement on Monetary Policy
10 Aug 2004
Bulletin
– August 2004
point, lifting the fed funds rate by 25 basis points to 1.25 per cent at its end-June meeting. ... Overall, emerging market spreads are around 80 basis points higher than their low point at the start of 2004, but are still at historically low levels
https://www.rba.gov.au/publications/bulletin/2004/aug/1.html
Banks’ Funding Costs and Lending Rates
29 Mar 2012
Bulletin
PDF
288KB
Reserve Bank of Australia Bulletin March Quarter 2012
https://www.rba.gov.au/publications/bulletin/2012/mar/pdf/bu-0312-5.pdf
Statement on Monetary Policy
10 May 2002
Bulletin
– May 2002
The first moves were in March, when the Reserve Bank of New Zealand and Sweden's Riksbank each increased policy rates by 25 basis points. ... The Fed funds futures market is now reflecting expectations of a cumulative increase of around 75 basis points
https://www.rba.gov.au/publications/bulletin/2002/may/1.html
The Neutral Interest Rate
15 Sep 2017
Bulletin
– September 2017
Central banks monitor the neutral interest rate for a number of reasons, a key one being that it provides a benchmark for assessing the stance of monetary policy. This article describes the determinants of the neutral interest rate and discusses its
https://www.rba.gov.au/publications/bulletin/2017/sep/2.html
The Economy and Financial Markets
10 Aug 2000
Bulletin
– August 2000
The European Central Bank (ECB) raised its key refinancing rate by 50 basis points to 4.25 per cent in early June. ... The first five increases were each of 25 basis points, but the latest increase, in May, was 50 basis points.
https://www.rba.gov.au/publications/bulletin/2000/aug/1.html