A small unit used to describe changes in interest rates or returns. One basis point equals 0.01% (so 100 basis points = 1%). It’s often used to show precise changes, like a rate moving from 5.00% to 5.25% (a 25 basis point increase).
A small unit used to describe changes in interest rates or returns. One basis point equals 0.01% (so 100 basis points = 1%). It’s often used to show precise changes, like a rate moving from 5.00% to 5.25% (a 25 basis point increase).