A basis point is a standard measure for interest rates and other percentages in finance. One basis point equals 1/100th of 1%, or 0.01%. Basis points are typically expressed with the abbreviations bp, bps, or bips.
A basis point is a standard measure for interest rates and other percentages in finance. One basis point equals 1/100th of 1%, or 0.01%. Basis points are typically expressed with the abbreviations bp, bps, or bips.
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