BP is the abbreviation of base point, which is usually called base point in Chinese, and refers to one percent of a percentage point, that is, one ten thousandth, 0.01%; It is usually more common in the expressions of macroeconomics and financial industries. The benchmark interest rate has increased by 25 basis points, that is, the benchmark interest rate has increased by 0.25%.

Supplementary information:

Bp in the interest rate is the base point.

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".

The financial industry usually uses the basis point to express the interest rate change of financial instruments, or the difference (price difference) between two interest rates (including the yield of fixed-income securities).

Because some loans and bonds may usually be related to some indexes or underlying securities, they are usually called indexes (or declines). For example, a loan with an annual interest rate of 0.50% higher than LIBOR is said to be 50 basis points higher than LIBOR, which is usually expressed as "L+50bps" or "L+50" for short.

Extended data:

1, BP generally does not appear in specific foreign exchange transactions, it is used to describe changes in bonds and interest rates. BP is the smallest unit to measure the change of interest rate of bonds or promissory notes, and 1 basis point is equal to 0.0 1%, that is 1%. For example, when the Federal Reserve raises interest rates, it often says that it will raise interest rates by 25 basis points. This base point is BP, which means an increase of 0.25 percentage points.

2. Basic points of financial concept extension.

Basis (basis point) The difference between the spot price of the same commodity and the futures contract price. That is, the gap between the current price and the futures price.

Calculation formula:

Spot price-futures price = basis point

Due to the cost of holding, the basis point is usually negative. In general, the spot price is actually lower than the nearby futures price. As the delivery deadline approaches, the holding cost decreases, and the difference between spot and futures prices narrows.

The basic points are divided into:

1, strengthen the foundation.

2. Weaken the foundation.

3. National foundation.

4. Premium Basis

The origin of the base point:

1, the storage cost of goods;

2. insurance;

Step 3 pay interest