basis point

noun

Definition of basis point

: one hundredth of one percent (as in the yield of an investment)

Examples of basis point in a Sentence

Recent Examples on the Web Britain’s 10-year yield rose one basis point to 0.24%. Claire Ballentine, Bloomberg.com, "Tech Drags Stocks Lower on Trump-Virus Volatility: Markets Wrap," 1 Oct. 2020 So, for that matter, might the 27 basis point rate on five year bonds. George Selgin, National Review, "A Real Lifeboat for Main Street," 17 Sep. 2020 In fact, in many markets a 10 basis point FTT would be less than recent declines in transaction costs. Antonio Weiss, The Denver Post, "Weiss: Here’s one tax every candidate ought to back," 14 Feb. 2020 Britain’s 10-year yield fell five basis points to 0.4%. Vildana Hajric, Bloomberg.com, "Stocks Post Third Straight Gain With Stimulus Near: Markets Wrap," 12 May 2020 Vacancy jumped 90 basis points from the end of the year to the first quarter to reach 7.3 percent, according to Stream’s calculations. Katherine Feser, Houston Chronicle, "Houston industrial market swells as COVID-19 stalls leasing activity," 10 Apr. 2020 Terms would see an interest rate equal to the Fed’s Secure Overnight Financing Rate, currently 0.01 percent, plus 250-400 basis points with a four-year maturity. NBC News, "Federal Reserve unveils details of $2.3 trillion in programs to help support the economy," 9 Apr. 2020 Britain’s 10-year yield decreased five basis points to 0.31%. Vildana Hajric, Fortune, "Stocks tumble, bonds rise on economic shutdown concerns," 1 Apr. 2020 In tandem, the Cash Reserve Ratio (CRR), or the share of deposits that banks have to mandatorily park with the RBI, saw a 100 basis points cut to 3%. Pramod Mathew, Quartz India, "India’s central bank slashes rates and eases loan repayments to battle Covid-19," 26 Mar. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'basis point.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of basis point

1962, in the meaning defined above

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The first known use of basis point was in 1962

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Statistics for basis point

Last Updated

5 Oct 2020

Cite this Entry

“Basis point.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/basis%20point. Accessed 31 Oct. 2020.

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