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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
7 Oct 2008
Media Releases
Announcement that the Board decided to lower the cash rate by 100 basis points to 6.0 per cent
https://www.rba.gov.au/media-releases/2008/mr-08-20.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
Statement by Glenn Stevens, Governor: Monetary Policy Decision
5 May 2015
Media Releases
Announcement that the Board decided to lower the cash rate by 25 basis points to 2.0 per cent, effective 6 May 2015
https://www.rba.gov.au/media-releases/2015/mr-15-08.html
Statement by Glenn Stevens, Governor: Monetary Policy Decision
3 Feb 2015
Media Releases
Announcement that the Board decided to lower the cash rate by 25 basis points to 2.25 per cent, effective 4 February 2015
https://www.rba.gov.au/media-releases/2015/mr-15-01.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
3 Nov 1999
Media Releases
Announcement of increase in the cash rate by 25 basis points, to 5.0 per cent
https://www.rba.gov.au/media-releases/1999/mr-99-11.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
4 Apr 2001
Media Releases
Announcement of reduction in the cash rate by a further 50 basis points to 5.0 per cent
https://www.rba.gov.au/media-releases/2001/mr-01-07.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
2 Feb 2000
Media Releases
Announcement of increase in the cash rate by 50 basis points, to 5.5 per cent
https://www.rba.gov.au/media-releases/2000/mr-00-03.html
Statement by the Governor, Mr Ian Macfarlane: Reduction in Interest Rates
30 Jul 1997
Media Releases
Announcement of reduction in the cash rate by 50 basis points, to 5.0 per cent
https://www.rba.gov.au/media-releases/1997/mr-97-15.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
5 Sep 2001
Media Releases
Announcement of reduction in the cash rate by a further 25 basis points to 4.75 per cent
https://www.rba.gov.au/media-releases/2001/mr-01-15.html
Statement by the Governor, Mr Ian Macfarlane: Monetary Policy
2 Aug 2000
Media Releases
Announcement of increase in the cash rate by 25 basis points, to 6.25 per cent
https://www.rba.gov.au/media-releases/2000/mr-00-13.html