A Basis Point is one hundredth of a Percentage Point.

0.01 Percentage Points = 1 Basis Point

1 Percentage Point = 100 Basis Points

Example: The difference between 8.10% and 8.15% is 5 Basis Points

0.01 Percentage Points = 1 Basis Point

1 Percentage Point = 100 Basis Points

Example: The difference between 8.10% and 8.15% is 5 Basis Points

See: Percent

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