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 Personal Credit Card Market in Australia: Pricing over the Past Decade
10 Mar 2012
Bulletin
– March 2012
Some issuers have also introduced a cap on reward points for spending above a certain amount. ... merchants). This is similar to the level of generosity of reward points prior to the reforms.
https://www.rba.gov.au/publications/bulletin/2012/mar/7.html
Developments in the Australian Repo Market
15 Sep 2016
Bulletin
– September 2016
The market for repurchase agreements (repos) – where cash is borrowed and lent using securities as collateral – plays an important role in the implementation of monetary policy and as a source of finance for the bond market. The Reserve Bank has
https://www.rba.gov.au/publications/bulletin/2016/sep/5.html
The Effects of Funding Costs and Risk on Banks' Lending Rates
10 Mar 2011
Bulletin
– March 2011
to the onset of the financial crisis, it was about 150 basis points below the cash rate. ... mid 2007 to a peak of around 350 basis points in mid 2009.
https://www.rba.gov.au/publications/bulletin/2011/mar/6.html
Statement on Monetary Policy
10 May 2003
Bulletin
– May 2003
Subsequent moves Basis points. Up to. September. 2002. October 2002. to April 2003. ... In particular, Brazilian spreads have fallen by 500 basis points to around 10 per cent.
https://www.rba.gov.au/publications/bulletin/2003/may/1.html
Statement on Monetary Policy
10 Feb 2001
Bulletin
– February 2001
It was also the first 50 basis point cut since the early 1990s recession. ... Since then yields have risen by over 10 basis points to trade around 4.8 per cent.
https://www.rba.gov.au/publications/bulletin/2001/feb/1.html
Semi-Annual Statement on Monetary Policy
10 May 2000
Bulletin
– May 2000
The United States has now raised the Fed funds target by 125 basis points to 6 per cent in a series of 25 basis point increases. ... Graph 7. Table 4: Policy Interest Rates. Increases since. 1999 low Basis points.
https://www.rba.gov.au/publications/bulletin/2000/may/1.html
Bulletin
18 Apr 2024
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/
The Reserve Bank's Open Market Operations
10 Jun 2003
Bulletin
– June 2003
The Reserve Bank pays interest on balances held in ES accounts at a rate 25 basis points below the target for the cash rate. ... Graph 1. Since the beginning of 2001, the largest deviation of the cash rate from target has been an undershoot of 6 basis
https://www.rba.gov.au/publications/bulletin/2003/jun/1.html
The Economy and Financial Markets
10 Feb 2000
Bulletin
– February 2000
February. This takes the Federal Funds rate to 5 per cent, 100 basis points higher than the low point reached in late 1998. ... Graph 7. Table 3: Policy Interest Rates. Increases. since 1999. low Basis points.
https://www.rba.gov.au/publications/bulletin/2000/feb/1.html
7 November 2023 | Minutes of the Monetary Policy Meeting of the Board
21 Nov 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 November 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-11-07.html