A basis point is a unit of measurement used in finance to describe the percentage change in the value or rate of a financial instrument. One basis point is equal to 0.01% or 1/100th of 1%. For example, if the interest rate on a loan increases from 5% to 6%, that is a one percentage point increase and 100 basis points. A basis point is also known as a "bp."
By providing my email address, I agree to StableMARK.com’s Privacy Policy