“Basis points,” or “bp,” represent one hundredth of a percent, in reference to the yield, or cost of borrowing. “Area” is a term that simply means “plus or minus”; sometimes it is quantified and sometimes it is left intentionally undefined. This.”
“Basis points,” or “bp,” represent one hundredth of a percent, in reference to the yield, or cost of borrowing. “Area” is a term that simply means “plus or minus”; sometimes it is quantified and sometimes it is left intentionally undefined. This.”
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