Convert between basis points and percentages, calculate interest rate changes, and analyze financial spreads with precision
1 basis point = 0.01%
Decimal percentage value
e.g., Corporate bond yield
e.g., Treasury bond yield
A basis point (BPS) is a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument. One basis point is equal to 0.01%.
Central bank rate changes are typically measured in basis points.
Credit spreads and yield differences are expressed in basis points.
Management fees and expense ratios are often quoted in basis points.