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Basis point
A basis point (bps) is one hundredth of a percentage point (0.01%). Basis points are often used to measure changes in or differences between yields on equities shares and fixed income securities since these often change by very small amounts. 100bps (basis points) = 1 pt (point) = 1%
See also
10-26-2009 08:16:03
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The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details


