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 Developments in Small Business Finance
19 Feb 2002
Bulletin
PDF
80KB
Since 1999, the margin betweensmall business interest rates and the cash ratehas widened by as much as 55 basis points.As a result, even though the cash rate is nowbelow its ... The interest rate on3-year loans has fallen by 2 percentage pointssince its
https://www.rba.gov.au/publications/bulletin/2002/feb/pdf/bu-0202-2.pdf
Statement to Parliamentary Committee
12 Sep 2008
Bulletin
PDF
56KB
Opening Remarks by Mr Glenn Stevens, Governor, to House of Representatives Standing Committee on Economics, Melbourne, 8 September 2008.
https://www.rba.gov.au/publications/bulletin/2008/sep/pdf/bu-0908-2.pdf
The Term Funding Facility
9 Dec 2020
Bulletin
- December 2020
PDF
526KB
https://www.rba.gov.au/publications/bulletin/2020/dec/pdf/the-term-funding-facility.pdf
What Do Firms Tell Us About the Inflation Outlook?
29 Jan 2024
Bulletin
- January 2024
PDF
770KB
https://www.rba.gov.au/publications/bulletin/2024/jan/pdf/what-do-firms-tell-us-about-the-inflation-outlook.pdf
A Medium-term Perspective on Monetary Policy
23 Feb 2001
Bulletin
PDF
51KB
over the same period, we have reduced ourunemployment rate from its peak by 4.6percentage points compared with 3.8percentage points for the US. ... or why did we raiserates by 50 basis points rather than 25?Inevitably, the answers to these
https://www.rba.gov.au/publications/bulletin/2000/sep/pdf/bu-0900-1.pdf
Government Bond Market Functioning and COVID-19
17 Sep 2020
Bulletin
- September 2020
PDF
555KB
https://www.rba.gov.au/publications/bulletin/2020/sep/pdf/government-bond-market-functioning-and-covid-19.pdf
The Cost of Card Payments for Merchants
14 Sep 2022
Bulletin
- September 2022
PDF
903KB
https://www.rba.gov.au/publications/bulletin/2022/sep/pdf/the-cost-of-card-payments-for-merchants.pdf
Statement on Monetary Policy
18 Aug 2008
Bulletin
PDF
607KB
Reserve Bank of Australia Bulletin August 2008
https://www.rba.gov.au/publications/bulletin/2008/aug/pdf/bu-0808-1.pdf
Change and the Australian Economy
17 Jun 2003
Bulletin
PDF
72KB
Perhaps it has, but advocates of rapidlabour market reforms sometimes overlookthe point that people have to be handled withmore sensitivity than chattels or financial‘products’ if changes are to endure. ... The spread on 10-year bond yieldsrelative
https://www.rba.gov.au/publications/bulletin/1996/sep/pdf/bu-0996-6.pdf
Extracting Information from Financial Market Instruments
20 Apr 2012
Bulletin
PDF
499KB
Reserve Bank of Australia Bulletin March Quarter 2012
https://www.rba.gov.au/publications/bulletin/2012/mar/pdf/bu-0312-6.pdf