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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Recent Debt Market Developments
15 Aug 2008
Bulletin
PDF
135KB
Address by Dr Guy Debelle, Assistant Governor (Financial Markets), to the Debt Markets 2008 Summit, Sydney, 28 July 2008.
https://www.rba.gov.au/publications/bulletin/2008/aug/pdf/bu-0808-3.pdf
Open Market Operations
17 Jun 2003
Bulletin
PDF
79KB
These arrangements mean thatthe cash rate should remain within a range of25 basis points either side of the target rateexcept in the most extreme circumstances. ... Since the beginning of 2001, the largestdeviation of the cash rate from target has beenan
https://www.rba.gov.au/publications/bulletin/2003/jun/pdf/bu-0603-1.pdf
A Comparison of the US and Australian Housing Markets
16 Jun 2008
Bulletin
PDF
93KB
Address by Dr Guy Debelle, Assistant Governor (Financial Markets), to the Sub-prime Mortgage Meltdown Symposium, Adelaide, 16 May 2008.
https://www.rba.gov.au/publications/bulletin/2008/jun/pdf/bu-0608-5.pdf
Monetary Policy in an Uncertain World
20 Nov 2002
Bulletin
PDF
422KB
Of perhaps more interest is the fact thatbond yields in the United States have fallenby over 100 basis points since mid year tolevels not seen since the 1950s. ... Inthe United States, events have unfolded evenfurther, with the Fed reducing the Fed
https://www.rba.gov.au/publications/bulletin/2002/nov/pdf/bu-1102-2.pdf
Recent Developments in the Semi-government Bond Market
29 Jan 2024
Bulletin
- January 2024
PDF
940KB
https://www.rba.gov.au/publications/bulletin/2024/jan/pdf/recent-developments-in-the-semi-government-bond-market.pdf
Bulletin March Quarter 2020
26 May 2020
Bulletin
- March 2020
PDF
5308KB
https://www.rba.gov.au/publications/bulletin/2020/mar/pdf/bulletin-2020-03.pdf
China's Monetary Policy Framework and Financial Market Transmission
17 Apr 2024
Bulletin
- April 2024
PDF
786KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/chinas-monetary-policy-framework-and-financial-market-transmission.pdf
Some Comments on Bank Funding
18 Mar 2010
Bulletin
PDF
161KB
Remarks to 22nd Australasian Finance and Banking Conference, Sydney, 16 December 2009
https://www.rba.gov.au/publications/bulletin/2010/mar/pdf/bu-0310-11.pdf
Bank for International Settlements - Annual Report
22 Feb 2001
Bulletin
PDF
45KB
Fromthe start of 1993 to the end of 1996, the spreadbetween short rates in the United States andGermany swung from almost -400 basis pointsto over 200 basis points, while the differencein ... long rates between the two countriesincreased by around 100
https://www.rba.gov.au/publications/bulletin/1997/jul/pdf/bu-0797-2.pdf
Innovations in the Provision of Finance for Investor Housing
17 Dec 2002
Bulletin
PDF
477KB
Prior to 1996, banks put moreonerous conditions on investors thanowner-occupiers and typically charged theman interest rate 1 percentage point above thatcharged to owner-occupiers. ... Some lenders provide adiscount of around 20 basis points onfixed-rate
https://www.rba.gov.au/publications/bulletin/2002/dec/pdf/bu-1202-1.pdf