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0,05 of a percentage point, i.e the difference of 0,05%.

Basis points (bps) refer to the change of percentages.

1 bp = 0,01% change

1% change = 100 bps

(The increase of Interest rate from 3,5% to 3.75% can be described as the increase by 25 basis points.)

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Q: What percentage is 5 basis points?
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