Examples of Basis Point in a sentence
GLOSSARY OF TERMSAppendix B Basis Point (BP) 1/100th of 1%, i.e. 0.01%Base Rate Minimum lending rate of a bank or financial institution in the UK Benchmark A measure against which the investment policy or performance of a fund manager can be compared.Bill of Exchange A financial instrument financing trade.Callable Deposit A deposit placed with a bank or building society at a set rate for a set amount of time.
Basis Point (bps) means a common unit of measure for interest rates.
RankBanksSource: Basis Point / Reuters LPCRisk Management During the year of 2010, according to the provisions of the local regulatory bodies, with cautious, standardized, appropriate and sustainable risk management policies and also in strict accordance with the requirements of the Parent Bank and the Board of Directors, the Bank took an effective and stable control of various risks, including credit risk, market risk, operational risk, liquidity risk, reputation risk and compliance risk.
Significant administrative revenue for the Variable Savings Operating Sub Funds was derived from the following sources: • Basis Point revenue is received on sales of the Variable Savings Plan.