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.
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COVID-19, the Labour Market and Public Sector Balance Sheets
21 Jul 2020
Speech
Speech delivered by Philip Lowe, Governor, to the Anika Foundation, Online
https://www.rba.gov.au/speeches/2020/sp-gov-2020-07-21.html
The Committed Liquidity Facility
23 Jul 2019
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), to Bloomberg, Sydney
https://www.rba.gov.au/speeches/2019/sp-ag-2019-07-23.html
Australian Securitisation Markets: Responding to Change
1 Dec 2023
Speech
PDF
817KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-11-21.pdf
The Usual Transmission – Monetary Policy and Financial Conditions
13 Aug 2019
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), to Finance & Treasury Association, Sydney
https://www.rba.gov.au/speeches/2019/sp-ag-2019-08-13.html
The Stance of Monetary Policy in a World of Numerous Tools
21 Oct 2020
Speech
PDF
258KB
Itsettled at around 13 basis points, which is just above the 10 basis points that banks receive onsurplus Exchange Settlement (ES) balances in their accounts at the Reserve Bank. ... The reduction in the cash rate targetwas much larger during the GFC –
https://www.rba.gov.au/speeches/2020/pdf/sp-ag-2020-10-20.pdf
The Recovery, Investment and Monetary Policy
10 Mar 2021
Speech
Speech delivered by Philip Lowe, Governor, AFR Business Summit, Sydney
https://www.rba.gov.au/speeches/2021/sp-gov-2021-03-10.html
US Monetary Policy and Australian Financial Conditions
10 Dec 2018
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), at the Bloomberg Address, Sydney
https://www.rba.gov.au/speeches/2018/sp-ag-2018-12-10.html
FX Markets Around the Turn of the Year
17 Feb 2021
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), at Australian Corporate Treasury Association FX Webinar
https://www.rba.gov.au/speeches/2021/sp-ag-2021-02-17.html
New Financial Statistics: The Value of Sound Data in Troubled Times
17 Sep 2020
Speech
Speech delivered by Marion Kohler, Head of Domestic Markets, to the Australian Financial Markets Association, Online
https://www.rba.gov.au/speeches/2020/sp-so-2020-09-17.html
The Australian Economy and Monetary Policy
22 Sep 2020
Speech
Speech delivered by Guy Debelle, Deputy Governor, Australian Industry Group, Virtual Conference
https://www.rba.gov.au/speeches/2020/sp-dg-2020-09-22.html