a point specified in command "point", cg to serve as the initial point for creating a family cg of points translated, rotated or scaled from the cg preceding point
Refers to yield on bonds. Each percentage point of yield in bonds equals 100 basis points.
One hundredth (1/100) of one percent is a basis point. If a currency changes from 4.50% to 4.80%; it is represented as a 30 basis point move.
Smallest measure used in quoting yields. One basis point is .01%. 100 basis points is equal to 1%.
One one-hundreth of one percent ( 1/100 % or 0.01 percent). Thus 25 basis points equal one-quarter of one percent, 100 basis points equal one percent.