BPS

Definition	:	Basis Points
Category	:	Business » Finance
Country/Region	:	Worldwide
Popularity	:

What does BPS mean?

Basis Points (BPS or BP) are a unit of measurement equal to 1/100th of 1 percent or equivalently one ten-thousandth (0.0001). It is used in finance to describe the percentage change in the value of financial instruments or the rate change. One basis point is equal to 1/100th of 1% or 0.01% or 0.0001 in decimal form.
1 BP = (1/100th)*1%= 0.01 %

Examples:
10 BPS = 0.1 %
100 BPS = 1%