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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The Virus and the Australian Economy
11 Mar 2020
Speech
Speech delivered by Guy Debelle, Deputy Governor, at the Australian Financial Review Business Summit, Sydney
https://www.rba.gov.au/speeches/2020/sp-dg-2020-03-11.html
Today's Monetary Policy Decision
3 May 2022
Speech
Speech delivered by Philip Lowe, Governor, Sydney – 3 May 2022,
https://www.rba.gov.au/speeches/2022/sp-gov-2022-05-03.html
Some Comments on Bank Funding
16 Dec 2009
Speech
Speech by Ric Battellino to the 22nd Australasian Finance & Banking Conference, Sydney
https://www.rba.gov.au/speeches/2009/sp-dg-161209.html
Open Market Operations and Domestic Securities
29 Nov 2007
Speech
Table 1: Deviations from Cash Rate Target. Number of days. Basis point deviations . ... The spread prior to these developments had been around 5–8 basis points.
https://www.rba.gov.au/speeches/2007/sp-ag-291107.html
Modernising Australia's Payments System
12 Dec 2023
Speech
Speech delivered by Michele Bullock, Governor, Australian Payments Network Summit, Sydney
https://www.rba.gov.au/speeches/2023/sp-gov-2023-12-12.html
Inflation, Productivity and the Future of Money
20 Jul 2022
Speech
Speech delivered by Philip Lowe, Governor, to the Australian Strategic Business Forum 2022, Melbourne
https://www.rba.gov.au/speeches/2022/sp-gov-2022-07-20.html
Long and Variable Monetary Policy Lags
20 Mar 2023
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), KangaNews DCM Summit, Sydney
https://www.rba.gov.au/speeches/2023/sp-ag-2023-03-20.html
Inflation and Recent Economic Data
8 Mar 2023
Speech
Speech delivered by Philip Lowe, Governor, to the Financial Review Business Summit 2023, Sydney
https://www.rba.gov.au/speeches/2023/sp-gov-2023-03-08.html
An Economic and Financial Update
21 Apr 2020
Speech
Speech delivered by Philip Lowe, Governor, Sydney
https://www.rba.gov.au/speeches/2020/sp-gov-2020-04-21.html
The Usual Transmission – Monetary Policy and Financial Conditions
13 Aug 2019
Speech
PDF
471KB
Two weeks ago, the US FOMC reduced the fed funds rate by 25 basis points. ... Followingthe 50 basis point reduction in the cash rate from June to July, lenders lowered their standardvariable rates (SVRs) on housing loans by an average of 44 basis points
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-08-13.pdf