March 18, 2020

What is Basis Points

What is Basis Points:- Basis point is the increase in interest rates in percentage terms. For Example- if the interest rate increase by 25 basis points, then it means that interest rate has been increase by 0.25%. One percentage point is broken down into 100 basis points. Therefore, an increase from 1% to 2% is an increase of one percentage point or 100 basis points.

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