A Basis Point is one hundredth of a Percentage Point. 1 Basis Point = 0.01 Percentage Points 100 Basis Points = 1 Percentage Point Example: The difference between 8.10% and 8.15% is 5 Basis Points
A Basis Point is one hundredth of a Percentage Point. 1 Basis Point = 0.01 Percentage Points 100 Basis Points = 1 Percentage Point Example: The difference between 8.10% and 8.15% is 5 Basis Points
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