Definitions for "Basis Points"
Keywords:  hundredth, yield, percent, equal, cent
See Basis Point.
A basis point is to one hundredth of a percentage point (i.e. 0.01%).... more on: Basis points
The smallest measure of the yield paid by a bond or note. One basis point is equal to 0.0 1% (one-one hundredth of a percent) of yield. If a bond`s yield moves from 9.5 percent to 10.5 percent, that would be a move of 100 basis points.
The unit of measurement of the ECB refinancing rate: 0.01 per cent
Keywords:  margin, expressed, index, over, rate
1/100th of 1% expressed as margin over index rate.