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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 Philip Lowe, Governor: Monetary Policy Decision
5 May 2020
Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
https://www.rba.gov.au/media-releases/2020/mr-20-13.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Apr 2020
Media Releases
At its meeting today, the Board reaffirmed the targets for the cash rate and the yield on 3-year Australian government bonds of 25 basis points, as well as the other elements of the package announced on 19 March 2020.
https://www.rba.gov.au/media-releases/2020/mr-20-11.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
19 Mar 2020
Media Releases
The coronavirus is first and foremost a public health issue, but it is also having a very major impact on the economy and the financial system.
https://www.rba.gov.au/media-releases/2020/mr-20-08.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
3 Mar 2020
Media Releases
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 0.50 per cent.
https://www.rba.gov.au/media-releases/2020/mr-20-06.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Oct 2019
Media Releases
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 0.75 per cent.
https://www.rba.gov.au/media-releases/2019/mr-19-27.html
Statement By Philip Lowe, Governor: Monetary Policy Decision
2 Jul 2019
Media Releases
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.00 per cent.
https://www.rba.gov.au/media-releases/2019/mr-19-18.html
Reserve Bank Adjusts the Committed Liquidity Facility
7 Jun 2019
Media Releases
The Reserve Bank has announced some adjustments to the Committed Liquidity Facility.
https://www.rba.gov.au/media-releases/2019/mr-19-16.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
4 Jun 2019
Media Releases
Announcement that the Board decided to lower the cash rate by 25 basis points to 1.25 per cent.
https://www.rba.gov.au/media-releases/2019/mr-19-15.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 May 2018
Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 1.50 per cent.
https://www.rba.gov.au/media-releases/2018/mr-18-11.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
3 Apr 2018
Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 1.50 per cent.
https://www.rba.gov.au/media-releases/2018/mr-18-07.html