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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
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Refers to yield on bonds. Each percentage point of yield in bonds equals 100 basis points.
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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.
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Smallest measure used in quoting yields. One basis point is .01%. 100 basis points is equal to 1%.
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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.
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