Percent to basis points converter
Enter one rate to convert it, or add a new rate to see the change in basis points, as quoted in rate and bond news.
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How to use it
- Enter percentage and new rate (optional).
- The result appears straight away and updates as you edit.
- Copy the result, or copy a link that keeps the same values to share it.
How it is calculated
Basis points = percent × 100. Change = (new rate − first rate) × 100, so 4.5% to 4.75% is a 25 bp change.
Example
Inputs: Percentage = 0.25 %. Result: Basis points: 25 bp; Decimal: 0.0025.
Limits and caveats
- The change is in percentage points, not the relative change between the two rates.
Questions about this tool
How many basis points are in 1%?
1% equals 100 basis points.
How do I find the gap between two yields in basis points?
Subtract the first rate from the new one and multiply by 100: 3.2% to 3.65% is a 45 bp gap.
What does a negative change mean?
The new rate is lower: 5.5% to 5% is a cut of 50 basis points.