answersLogoWhite

0

Still curious? Ask our experts.

Chat with our AI personalities

ViviVivi
Your ride-or-die bestie who's seen you through every high and low.
Chat with Vivi
BlakeBlake
As your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake
BeauBeau
You're doing better than you think!
Chat with Beau
More answers

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.)

User Avatar

Wiki User

11y ago
User Avatar

Add your answer:

Earn +20 pts
Q: What percentage is 5 basis points?
Write your answer...
Submit
Still have questions?
magnify glass
imp