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What is basis point?

The basis point is a form of measurement also known as the BPS, that is equal to one one-hundredth of one percent. The basis point is used to calculate the change in equity indexes, interest rates and fixed-income securities. One basis point is equal to 0.01%. Basis points are simply used as a simpler way to talk about these small changes.

Other Financial Terms and Vocabulary

Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data.