FINANCE,ECONOMICSused inrelationtointerestratestomeanone-hundredth of onepercent:This Treasurynoteyielded6.60% thismorning, down fourbasispointsfrom lastweek.(Definition ofbasis pointfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofbasis point
basis pointThe termbasispointhas its origins in trading the basis or the spread between two interest rates.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The difference is small - less than one-twentieth of abasispoint.From theCambridge English CorpusThere is an 80basispointlower shortfall for prudent person sectors on a global portfolio.From theCambridge English CorpusFor each point, its quantized transformed coordinates are stored in the hash table as a key, and indices of the basis points as a value.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.During the 2008-2011 period, annual losses were 184 basis points.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The credit union remained stronger than ever with a return on average assets of 50 basis points before insurance premiums.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.At a rate of 11 basis points of assets under management, this was considered a reasonable royalty.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The issuance spread was fixed at mid-swap plus 6 basis points.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The reverse repo rate will be 100 basis points below repo rate.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This reduced the spread of the primary credit rate over the fed funds rate from 100 basis points to 50 basis points.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/basis-point##
