#Markets: May and June half-points each. @ LizPeek @TheHill @FoxNews RV
Mar 22, 2022, 11:51 PM
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Photo: A bp (usually pronounced beep) is one-thousandth of a percentage point.
CBS Eye on the World with John Batchelor
CBS Audio Network
@Batchelorshow
A basis point (often abbreviated as bp, often pronounced as "bip" or "beep") is (a difference of) one hundredth of a percent or equivalently one percent of one percent or one ten thousandth. A very rarely used term, permyriad, means parts per ten thousand, differing in meaning only in that basis points are normally used to express differences in parts per ten thousand. Figures are commonly quoted in basis points in finance, especially in fixed income markets.
#Markets: May and June half-points each. @ LizPeek @TheHill @FoxNews RV
CBS Eye on the World with John Batchelor
CBS Audio Network
@Batchelorshow
A basis point (often abbreviated as bp, often pronounced as "bip" or "beep") is (a difference of) one hundredth of a percent or equivalently one percent of one percent or one ten thousandth. A very rarely used term, permyriad, means parts per ten thousand, differing in meaning only in that basis points are normally used to express differences in parts per ten thousand. Figures are commonly quoted in basis points in finance, especially in fixed income markets.
#Markets: May and June half-points each. @ LizPeek @TheHill @FoxNews RV