BASIS POINT Definition & Meaning

basis point

noun

Finance.

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

basis point

noun

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

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�y��vlog History and Origins

Origin of basis point¹

First recorded in 1965–70

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Example Sentences

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

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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.

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

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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.

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Treasury 10-year yields were up 1 basis point at 4.41% , but not far from the recent low of 4.397%.

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