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