Basis Point

Basis point is a term in finance for one hundredth of a percentage point. Basis points are used chiefly in expressing differences of interest rates. In currency and bond markets where the size of trades mean that large amounts of money can change hands on small price movements . Thus if the yield on a Treasury bill rose from 5.25% to 5.33% the change would have been eight basis points.

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Basis Risk, Basisthashram, Baskerville, Basket, Basket case