basis point

noun

, Finance.

1. one hundredth of one percent, as of interest rates, or investment yields.

basis point

noun

1. a measure used for describing interest rates, equal to one hundredth of a percentage point (0.01%)

Word History and Origins

Origin of basis point¹

First recorded in 1965–70

Example Sentences

Treasury note , which influences borrowing costs around the world, was last down 1 basis point at 4.470%.

From Reuters

Germany's 10-year bond yield was down 1 basis point at 2.638%, well below a 12-year high of 3.024% hit in early October.

From Reuters

Treasury note , which influences borrowing costs around the world, was last up 1 basis point at 4.494%.

From Reuters

Turkey's central bank delivered a larger-than-expected 500 basis point interest rate hike on Thursday, lifting its benchmark to 40% but also flagging that the pace of monetary tightening was set to slow down and the end of the cycle was in sight.

From Reuters

Turkey's central bank delivered a larger-than-expected 500 basis point interest rate hike on Thursday, lifting its benchmark to 40% but also flagging that the pace of monetary tightening was set to slow down and the end of the cycle was in sight.

From Reuters