basis point


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basis point

n. Abbr. BP
One one-hundredth of a percent, used especially in measuring yield differences among bonds.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

basis point

n
(Economics) a measure used for describing interest rates, equal to one hundredth of a percentage point (0.01%)
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

ba′sis point`



n.
1/100 of one percent, as of interest rates or investment yields.
[1965–70]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
Translations
Basispunkt

basis point

n (Fin) → Basispunkt m
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007
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References in periodicals archive ?
The implementation of the cut will be in three stages: the first 100 basis point cut was effective May 31; another 50 basis point cut in June 28; and the last 50 basis point cut will be effective July 26.
The serious delinquency rate, the percentage of loans that are 90 days or more past due or in the process of foreclosure, was at 1.95 percent - a decrease of 1 basis point from last quarter and a decrease of 35 basis points from last year.
On a linked quarter basis, the 1.6 percent increase in net interest income was driven by a five basis point improvement in net interest margin, one additional day of net interest income, and a 1.4 percent, or $157.9 million, increase in average loans.
Specifically, fees on Wellington Fund Investor shares (VWELX) are dropping one basis point to 0.25%, while the Admiral shares (VWENX) are declining two basis points to 0.16%.
Data through July 2016 reported a first mortgage default rate of 0.66 percent in July, up one basis point from the prior month.
The commercial mortgage-backed securities (CMBS) delinquency rate held steady in April, increasing just 1 basis point to 4.23 percent, reported Trepp LLC, New York.
Three of the five major cities had overall default rates increase during April, led by Miami, with a six basis point increase, followed by New York, up two basis points; and Dallas, with a one basis point increase.
Interest rates on loans for amounts over e1/41m to non-financial companies rose by 19 basis points to 4.06 per cent in December compared to November while for amounts below e1/41m rose by 1 basis point to 4.74 per cent, the central bank said.
Insiders indicated that the lending rate offered by Chinese banks to large enterprises is usually based on LIBOR plus 400-500 basis points (I basis point = 0.01%).
One had predicted a hike of 50 basis point for both rates.
Credit default swaps insuring Qatari government debt against default for five years climbed one basis point yesterday to 97, according to data provider CMA, which is owned by CME Group Inc and compiles prices quoted by dealers in the privately negotiated market.
Lay would like to see the spread reach 80 to 120 basis points over 10-year Treasuries before he wades in again (a basis point equals one one-hundredth of a percent).