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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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Monetary Policy
21 Feb 2001
Media Release
PDF
58KB
the cash rate by 25 basis points, to 5.75 percent. ... The recent behaviour of the exchange rate also points to the need for some monetaryadjustment.
https://www.rba.gov.au/media-releases/2000/pdf/mr-00-08.pdf
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
5 Dec 2001
Media Releases
Announcement of reduction in the cash rate by a further 25 basis points to 4.25 per cent
https://www.rba.gov.au/media-releases/2001/mr-01-23.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
3 Oct 2001
Media Releases
Announcement of reduction in the cash rate by 25 basis points to 4.50 per cent
https://www.rba.gov.au/media-releases/2001/mr-01-17.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
5 Apr 2000
Media Releases
Announcement of increase in the cash rate by 25 basis points, to 5.75 per cent
https://www.rba.gov.au/media-releases/2000/mr-00-08.html
Monetary Policy
21 Feb 2001
Media Release
PDF
80KB
STATEMENT BY THE GOVERNOR, MR IAN MACFARLANE. MONETARY POLICY. Following a decision made by the Board at its meeting yesterday, the Bank will beraising the cash rate target by 25 basis ... points, to 6 per cent, effective immediately.
https://www.rba.gov.au/media-releases/2000/pdf/mr-00-11.pdf
Statement by Michele Bullock, Governor: Monetary Policy Decision
5 Dec 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-35.html
Statement by Glenn Stevens, Governor: Monetary Policy Decision
1 Nov 2011
Media Releases
Announcement that the Board decided to lower the cash rate by 25 basis points to 4.5 per cent, effective 2 November 2011
https://www.rba.gov.au/media-releases/2011/mr-11-24.html
Statement by Glenn Stevens, Governor: Monetary Policy Decision
2 Nov 2010
Media Releases
Announcement that the Board decided to raise the cash rate by 25 basis points to 4.75 per cent
https://www.rba.gov.au/media-releases/2010/mr-10-26.html
Statement by Glenn Stevens, Governor: Monetary Policy
2 Sep 2008
Media Releases
Announcement of decrease in the cash rate by 25 basis points to 7.0 per cent
https://www.rba.gov.au/media-releases/2008/mr-08-14.html
Statement by Glenn Stevens, Governor: Monetary Policy
7 Nov 2007
Media Releases
Announcement of increase in the cash rate by 25 basis points to 6.75 per cent
https://www.rba.gov.au/media-releases/2007/mr-07-20.html