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    mrscdhawkes's Avatar
    mrscdhawkes Posts: 1, Reputation: 1
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    #1

    Mar 17, 2009, 09:02 AM
    Basis points
    If a bond's price rises from 7.29% to 7.79%, how many basis points has it risen?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Mar 17, 2009, 09:08 AM

    A basis point is 1/100 of a percentage point. So a one-half percent change is 50 basis points.
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