BNET Business Dictionary
Business Definition for: Basis Point
- one hundredth of 1%, used in relation to changes in bond interest rates. Thus a change from 7.5% to 7.4% is 10 basis points.
Additional Resources
- LEHMAN: PBC TO LIFT DEPOSIT RESERVE RATIO BY 100 BASIS POINT
- AsiaInfo Services 04-02-2007 Lehman: PBC to Lift Deposit Reserve Ratio by 100 Basis Point BEIJING, Apr 02, 2007 SinoCast via COMTEX -- Lehman Brothers, a global leading investment bank, keeps its previous estimate that China's central bank wo AsiaInfo Services...
- Research articles 2007-04-02
- Index Fund Management: A Basis Point Game
- Managing an index fund is a basis-point game. Unlike active equity managers, who hope their fund's performance will consistently rank high relative to their benchmark and peers, index fund managers are usually indifferent about the absolute performance of the index itself. That is not to imply that index fund managers...
- White papers 2003-10-01
- Looming 23-basis-point Cliff in FDIC premium is a myth
- Myths are a powerful political force inside the Washington Beltway, particularly on banking issues. One myth driving the deposit insurance "reform" legislation that Congress is now considering: Premiums charged by a deposit insurance fund will skyrocket, to an average of 23 basis points, if the fund drops even a basis...
- Research articles 2002-04-01
- When Every Basis Point Counts
- The paper reveals that when the economy and the stock market were flying high, reducing 401k plan costs ranked low on the corporate agenda. After all, plan assets were racking up double-digit returns, employees eagerly contributed to their 401k accounts and companies had plenty of cash to match those contributions....
- White papers 2004-10-01
- Basis Point Group Launches 'Opera' - Comprehensive Investment Operations Performance Measurement and Benchmarks; Methodology Successfully Used by Clients to Reduce Errors, Improve Quality, Dramatically Cut Process Costs
- BOSTON and NEW YORK -- Basis Point Group, LLC (www.basispointgroup.com), the leading investment operations performance consultants, announce the introduction of their structured Operational Performance Evaluation and Risk Assessment OPERA methodology. The methodology offers a comprehensive, quantitative approach to drive operational improvements and extend the company's benchmarking framework for investment organizations.
- Research articles 2005-10-12
- The 15 Basis Point Portfolio and Bobodex 10 Collide
- IndexUniverse submits: By Jim Wiandt Year-to-date, Matt Hougan's 15 (actually 13.65) basis point portfolio is hanging tough, while Bobo is drinking heavily. by Index Universe
- External links 2008-09-07
- Great rates in '98.(price of treasury bonds soar due to 25 basis-point interest rate cut on Sept. 29, 1998)(Brief Article)
- The Fed's 25 basis-point interest rate cut on Sept. 29 sent U.S. Treasury bonds soaring to new highs. "At no time in history has [the market] been this strong for this long," says John Blough, senior fixed income strategist for Fahnestock & Co. ...
- Research articles 1998-11-01
- USA: SELL OFF IN TREASURIES WILL INCREASE 10 YEAR BOND YIELDS BY 65 BASIS POINT WITHIN A YEAR.(Brief Article)
- Forecast by Dr. Gil Feiler from Info Prod Research reveals bearish outlook to the USD against major currencies as well as hiking in gold prices. According to his forecast a year from now the 10 year government bond yield will increase by about 65 basis point to...
- Research articles 2005-03-20
- BASIS PT PUBLISHING LAUNCHES ASIA-PACIFIC SECONDARY LOAN.
- $all $anr $hk $ivm $bnk (Full text of statement. Contact details below.) HONG KONG, Nov. 7 PRNewswire-AsiaNet -- Basis Point Publishing Limited, a subsidiary of Loan Pricing Corporation LPC, a Reuters Company, an authoritative source of loan market information in the Asia-Pacific market today announced...
- Research articles 2002-11-08
- FOMC cuts fed funds target by 50 basis points
- The target rate for federal funds was lowered by 50 basis points, to 1.25%, by the Federal Open Market Committee FOMC Nov. 6. In a related action, the Federal Reserve Board approved a 50-basis-point reduction in the discount rate to 3/4%. The target rate for federal funds was lowered by...
- Research articles 2002-12-01
- FINLAND: Stock market woes raise doubts over size of ECB interest rate rise; activity data still point to favourable economic outlook, inflation up but still only 1.3%
- Both hard economic data and confidence surveys over the past month point to a bright medium-term outlook for the economy, an outlook only slightly blighted by the prospect that the ECB is poised raise interest rates further at its June meeting. The likelihood of this remains high, although the turmoil...
- Research articles 2006-06-05
- VCA Antech, Inc. Announces Refinancing of Senior Credit Facility — Lowers Interest Rate by 50 Basis Points to LIBOR +175
- LOS ANGELES -- VCA Antech, Inc. (NASDAQ:WOOF) announced today that it has refinanced its senior credit facility. The $223.9 million of total outstanding senior term E notes were replaced with new senior term F notes in the same amount, priced at LIBOR plus 175 basis points, resulting in a 50...
- Research articles 2004-12-01
- Report Says Railroad Stocks May Hit Turnaround Point in 2001.(Knight Ridder/Tribune Business News)
- Jan. 6--Punished by the market in 2000, Norfolk Southern and other railroad stocks may be reaching the bottom-out point and a turnaround could happen this year, according to a recent Merrill Lynch report. The report cited three events that could signal better times for ...
- Research articles 2001-01-05
- PC Connection, Inc. Reports Second Quarter Results; Second Quarter Highlights: 50% Growth in Earnings Per Share; 50 Basis Point Improvement in Gross Margin; 30% Net Sales Growth in Large Corporate Account Segment
- MERRIMACK, N.H. -- PC Connection, Inc. (NASDAQ:PCCC), a leading direct marketer of information technology products and solutions, today announced results for the quarter ended June 30, 2004. Net sales for the three months ended June 30, 2004 increased by $13.7 million, or 4.3%, to $335.3 million from $321.6 million for...
- Research articles 2004-07-22
- Scotia Capital Analyst: Fed Move Signals Possible 50 Point Cut
- FP Trading Desk submits: The U.S. Federal Reserve’s decision on Wednesday to alter the formula it uses to determine the interest rate paid to depositary institutions on excess balances may signal another 50 basis point rate cut next week, according to Scotia Capital. “The Fed will pay interest on...
- External links 2008-10-22
- FURNITURE INDUSTRY GETS BEHIND FED'S HALF-POINT RATE CUT.
- WASHINGTON-It was less than analysts had hoped for, but furniture executives agree that the Federal Reserve's 50-basis-point rate cut will give a boost to housing starts and consumer confidence. Lower interest rates will help spur home building and home purchasing, two indicators considered...
- Research articles 2001-04-02
- Satyam Computers Services Ltd. F2Q08 (Qtr End 9/30/07f) Earnings Call Transcript
- Question-and-Answer Session Operator Thank you sir. Ladies and gentlemen, we will now begin the question and answer session. Please note that all participants who have logged into the call are allowed to ask questions and there is no specific priority for participants in India and the ones outside...
- Earnings calls 2007-10-24
- Synovus Financial Corp. Q3 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Thank you, ladies and gentlemen. The floor is now opened for questions. [Operator Instructions]. Our first question comes from Nancy Bush. Your line is live. Nancy Bush - NAB Research Good afternoon guys. Richard E. Anthony - Chairman of the Board and Chief...
- Earnings calls 2007-10-28
- Wipro Q1 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions And our first question this morning comes from the line of Joseph Foresi with Janney Montgomery Scott. Please go ahead. Joseph Foresi - Janney Montgomery Scott Hello guys, a nice job here at sort of a difficult quarter. My first question is your competitors have...
- Earnings calls 2007-07-19
- Citrix Systems, Inc. Q3 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator [Operator Instructions]. Your first question comes from the line of Sarah Friar with Goldman Sachs. Sarah Friar - Goldman Sachs Good quarter. If I could just turn to the operating margins, you talked about lower 20% range for 2008 and then extending back upward...
- Earnings calls 2007-10-18
