The RBI this month raised rates by 50 basis points after a 40 bps hike in May.
Source: wiktionary
Basis point
Synonyms for "basis point" (1 found)
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Closest matches (1)
Noun(1 words)
Sample sentences
2 total sentences available.
Triggered by a sell-off of Treasury bonds, the 10-year bond yield jumped by 17.2 basis points, briefly hitting 4.5%, the biggest hike in a year. The 30-year yield rose by 20 basis points, a one-day hike not seen since 2020, when pandemic panic set in.
Source: wiktionary