Domains

Domain basis point

Card of domain basis point

Name

basis point

Code

bp

Comment

One basis point is equal to 1/100th of 1%, or 0.01%, and is used to denote the percentage in a financial instrument.

Basis points avoid the ambiguity between relative and absolute discussions about interest rates by dealing only with the absolute change in numeric value of a rate.

Data Type

Long integer


Standard checks of domain basis point

Format

 

List Of Values