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You are here: Home > QFINANCE Dictionary > Definition of basis point
in bond interest rates, one hundredth of 1% one hundredth of 1%, used in relation to changes in bond interest rates. Thus a change from 7.5% to 7.4% is 10 basis points.
Definitions of ’basis point’ and meaning of ’basis point’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’basis point’ and other financial terms with our online QFINANCE Financial Dictionary.
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