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Formula: bps × 0.01 = %
How to use this converter
  1. 1Enter basis points.
  2. 2Percent appears instantly. 1 bps = 0.01%.
Common questions
25 bps = 0.25% — a typical Fed rate move.
Basis points eliminate ambiguity. "100 basis points" is clearer than "a 1% increase" which could mean different things.