Basis point - In the bond market, the smallest measure used for quoting yields is a basis point. Each percentage point of yield in bonds equals 100 basis points. Basis points also are used for interest rates. An interest rate of 5% is 50 basis points greater than an interest rate of 4.5%.
Usually one hundredth of a percentage point used in quoting movements in interest rates of yields on securities.
Basis point : in the bond market, the smallest measure used for quoting yields is a basis point. each percentage point of yield in bonds equals 100 basis points. basis points also are used for interest rates. an interest rate of 5% is 50 basis points greater than an interest rate of 4.5%.
usually one hundredth of a percentage point used in quoting movements in interest rates of yields on securities.
Basis point