leoglossary avatar

LeoGlossary: Basis Point (BPS)

leoglossary

Published: 01 Feb 2023 › Updated: 01 Feb 2023LeoGlossary: Basis Point (BPS)

LeoGlossary: Basis Point (BPS)

How to get a Hive Account


A basis point is a unit of measure when talking about interest rates and other percentages in the financial world. There are 100 bps in 1%. Thus, each bps is .01%.

Overall bps is expressed about a change in rate.

General:

Leave LeoGlossary: Basis Point (BPS) to:

Written by

Read more #leoglossary posts


Best Posts From leoglossary

More Posts From leoglossary