Measurement used to quote bonds. One basis point is equal to 0.01%, or one one-hundredth of one percent. 100 basis points is equal to 1%, whereas 50 basis points would equal one half percent, or 0.50%. (Source ETF Guide)
We use cookies to ensure that we give you the best possible experience on our website. By accepting, you consent to the terms of our Digital Privacy Policy.AcceptDigital Privacy Policy