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How to convert interest rate bp
Bp conversion of interest rate: 1bp=0.0 1%.

Bp refers to the basis point (bp), which is used to measure the interest rate changes of bonds and bills in finance. 1 basis point is equal to 0.0 1%, which is one percent of 1%. The base point is often abbreviated as "BP/BPS".

A basis point is equal to one percent (%), that is, one ten thousandth. 100 basis point equals 1 percentage point, that is, 1 basis point equals 0.0 1 percentage point. Namely:1BP =1Permarian =110000 = 0.01%= 0.0001for example, 20 basis points = 20 * 0.0/kloc.

interest rate

Refers to the ratio of the interest amount due in each period to the par value of the borrowed, deposited or borrowed amount (called the total principal). The total interest of the lent or borrowed amount depends on the total principal, interest rate, compound interest frequency and the length of time of lending, deposit or borrowing. Interest rate is the price that the borrower needs to pay for the money borrowed, and it is also the return that the lender gets by delaying his own consumption and lending it to the borrower. The interest rate is usually calculated by the percentage of one-year interest to the principal.