Basis Points
Unit equal to 0.01% used in finance.
Basis points (bps) are a common unit for measuring interest rates and other percentages in finance, where 100 basis points equal 1%.
Examples
- 25 bps rate hike
- 50 bps spread
- 10 bps fee
Unit equal to 0.01% used in finance.
Basis points (bps) are a common unit for measuring interest rates and other percentages in finance, where 100 basis points equal 1%.