It is one hundredth of a percent. In finance (particularly fixed income), figures are quoted in basis points.
P27 TeamView posts by P27 Team
A cadre of associates that deliver short consultations and project-based business services to both SMBs and larger businesses. Their expertise includes business change, business development, business planning, digitisation, ESG integration, financial markets, green finance, leadership development, marketing, regionalisation, risk management, valuation and more.