
Tuesday Mar 18, 2025
Basis Points (BPS)
Basis points (bps) are a unit of measure for interest rates (and other percentages), where one basis point is 1/100th of one percent. The finance industry uses basis points to reduce ambiguity.
Tuesday Mar 18, 2025
Basis points (bps) are a unit of measure for interest rates (and other percentages), where one basis point is 1/100th of one percent. The finance industry uses basis points to reduce ambiguity.
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