12-Basis Points-Chapter 22

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22.10.1.6. Basis Points Basis points (bps) are a unit of measurement used in finance to describe changes in interest rates, bond yields, and other percentages. One basis point is equal to one-hundredth of a percentage point (0.01%). Key Features of Basis Points: Usage: Basis points are commonly used to express changes in interest rates, such […]

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