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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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2 February 2021 | Minutes of the Monetary Policy Meeting of the Board

16 Feb 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 February 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-02-02.html

5 November 2019 | Minutes of the Monetary Policy Meeting of the Board

19 Nov 2019 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 November 2019
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-11-05.html

Putting the Cycle Back into Business Cycle Analysis

17 Jan 2017 Research Workshop PDF 7471KB
https://www.rba.gov.au/publications/workshops/research/2016/pdf/rba-workshop-2016-portier.pdf

4 August 2020 | Minutes of the Monetary Policy Meeting of the Board

18 Aug 2020 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 August 2020
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2020/2020-08-04.html

3 September 2019 | Minutes of the Monetary Policy Meeting of the Board

17 Sep 2019 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 September 2019
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-09-03.html

5 May 2020 | Minutes of the Monetary Policy Meeting of the Board

19 May 2020 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 May 2020
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2020/2020-05-05.html

OPTIMAL MONETARY POLICY WITH ENDOGENOUS CAPITAL AND A CREDIT FRICTION

15 Dec 2011 Research Workshop PDF 406KB
Reserve Bank of Australia Workshop 2011
https://www.rba.gov.au/publications/workshops/research/2011/pdf/hansen.pdf

7 February 2023 | Minutes of the Monetary Policy Meeting of the Board

21 Feb 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 February 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-02-07.html

5 October 2021 | Minutes of the Monetary Policy Meeting of the Board

19 Oct 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 October 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-10-05.html

4 July 2017 | Minutes of the Monetary Policy Meeting of the Board

18 Jul 2017 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 July 2017
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-07-04.html