One basis point is 0.01 percentage points; 25 basis points is 0.25 percentage points. A change in percentage points is not the same as a relative percentage change.
Glossary
Basis point (bp)
Published · Updated 2026-10-03
One basis point is 0.01 percentage points; 25 basis points is 0.25 percentage points. A change in percentage points is not the same as a relative percentage change.