The bank has reduced the base rate by 10 basis points to 10.
What does BP stand for?
BP stands for Basis Point (finance; 0.01%)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of BP
We have 92 other meanings of BP in our Acronym Attic
- Base Page
- Base Pair (nucleic acids)
- Base Plate
- Base Point
- Base Pointer
- Base Power (gaming)
- Base/Basic Pay
- Baseball Prospectus
- Baseline Plan
- Basement Party
Samples in periodicals archive:
June delinquency rates for commercial mortgage-backed securities fell 23 basis points to 9.
Results for apartments were disappointing, as the sector's investment rating dipped 30 basis points from second quarter to 5.
The Federal Open Market Committee decided on May 3, 2005, to raise its target for the federal funds rate 25 basis points, to 3 percent.
How does one explain Turkish debt trading at only 350 basis point over U.
Lance said that from the time the plan originated in 1982 until 1995, Hartford charged an annual fee of 85 basis points (0.