Basis Point
One-hundredth of a percentage point (0.01%). Widely used in fixed income and central bank communication (e.g., a 25 bp rate cut).
Related Terms
Explore the rest of the Traders Glossary for definitions of adjacent concepts.
One-hundredth of a percentage point (0.01%). Widely used in fixed income and central bank communication (e.g., a 25 bp rate cut).
One-hundredth of a percentage point (0.01%). Widely used in fixed income and central bank communication (e.g., a 25 bp rate cut).
Explore the rest of the Traders Glossary for definitions of adjacent concepts.