WebBusinesses, communities and global economies rely on us because we prioritize client experience, collaboration, innovation and resilience. As the “bank of banks,” our unique … A basis point (often abbreviated as bp, often pronounced as "bip" or "beep" ) is one hundredth of 1 percentage point. The related term permyriad means one hundredth of 1 percent. Changes of interest rates are often stated in basis points. If an interest rate of 10% increased by 1 bp, it changed to 10.01%. See more 1 basis point (bp) = (a difference of) 1‱ or 0.01% or 0.1‰ or 10 or 1/10,000 or 0.0001. 10 bp = (a difference of) 0.1% or 1‰ or 10‱. 100 bp = (a difference of) 1% or 10‰ or 100‱. Basis points are … See more • Parts-per notation • Per-unit system • Percent point function See more A related concept is one part per ten thousand, 1/10,000. The same unit is also (rarely) called a permyriad, literally meaning "for (every) See more • Percentage point difference of 1 part in 100 • Percentage (%) 1 part in 100 • Per mille (‰) 1 part in 1,000 See more • Media related to Basis point at Wikimedia Commons See more
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