basis point

Noun

basis point (plural basis points)

1. One hundredth of one percentage point.
   • The RBI this month raised rates by 50 basis points after a 40 bps hike in May.2022 June 16, Swati Bhat, “India's economic prospects firm despite global headwinds, says RBI”, in Gareth Jones, editor, Reuters, archived from the original on 16 Jun 2022, Macro Matters
   • Triggered by a sell-off of Treasury bonds, the 10-year bond yield jumped by 17.2 basis points, briefly hitting 4.5%, the biggest hike in a year. The 30-year yield rose by 20 basis points, a one-day hike not seen since 2020, when pandemic panic set in.2025 April 11, Laurent Belsie, “Tariff chaos tests the status of Treasury bonds as a haven of safety”, in The Christian Science Monitor, archived from the original on 24 Apr 2025

   Synonyms:

   permyriad