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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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Statement by Glenn Stevens, Governor: Monetary Policy Decision
6 Dec 2011
Media Releases
Announcement that the Board decided to lower the cash rate by 25 basis points to 4.25 per cent, effective 7 December 2011
https://www.rba.gov.au/media-releases/2011/mr-11-28.html
Statement by Glenn Stevens, Governor: Monetary Policy Decision
6 Apr 2010
Media Releases
Announcement that the Board decided to raise the cash rate by 25 basis points to 4.25 per cent, effective 7 April 2010
https://www.rba.gov.au/media-releases/2010/mr-10-06.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
7 Mar 2001
Media Releases
Announcement of reduction in the cash rate by 25 basis points to 5.50 per cent
https://www.rba.gov.au/media-releases/2001/mr-01-04.html
Statement by Glenn Stevens, Governor: Monetary Policy
1 Dec 2009
Media Releases
Announcement of increase in the cash rate by 25 basis points to 3.75 per cent
https://www.rba.gov.au/media-releases/2009/mr-09-28.html
Statement by Glenn Stevens, Governor: Monetary Policy Decision
4 Dec 2012
Media Releases
Announcement that the Board decided to reduce the cash rate by 25 basis points to 3.0 per cent, effective 5 December 2012
https://www.rba.gov.au/media-releases/2012/mr-12-36.html
Statement by Glenn Stevens, Governor: Monetary Policy
6 Oct 2009
Media Releases
Announcement that the Board decided to raise the cash rate by 25 basis points to 3.25 per cent
https://www.rba.gov.au/media-releases/2009/mr-09-23.html
Statement by Glenn Stevens, Governor: Monetary Policy Decision
2 Mar 2010
Media Releases
Announcement that the Board decided to raise the cash rate by 25 basis points to 4.0 per cent
https://www.rba.gov.au/media-releases/2010/mr-10-04.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
3 May 2000
Media Releases
Announcement of increase in the cash rate by 25 basis points, to 6 per cent
https://www.rba.gov.au/media-releases/2000/mr-00-11.html
Statement by Glenn Stevens, Governor: Monetary Policy Decision
1 May 2012
Media Releases
Announcement that the Board decided to lower the cash rate by 50 basis points to 3.75 per cent
https://www.rba.gov.au/media-releases/2012/mr-12-10.html
Statement by Glenn Stevens, Governor: Monetary Policy Decision
3 May 2016
Media Releases
Announcement that the Board decided to lower the cash rate by 25 basis points to 1.75 per cent.
https://www.rba.gov.au/media-releases/2016/mr-16-10.html