Basis point

简明释义

点子

英英释义

例句

1.The bond yield rose by 10 basis points after the announcement.

公告发布后，债券收益率上升了10个基点。

2.The interest rate was increased by 25 basis points.

利率上调了25个基点。

3.Investors were pleased with the 15 basis points cut in the federal funds rate.

投资者对联邦基金利率下调15个基点感到满意。

4.An increase of 100 basis points is expected to cool down inflation.

预计增加100个基点将有助于抑制通货膨胀。

5.A decrease of 50 basis points can significantly affect mortgage rates.

减少50个基点可能会显著影响抵押贷款利率。

作文

Understanding financial terminology is crucial for anyone involved in the world of finance, economics, or investment. One such term that often comes up in discussions about interest rates, bond yields, and other financial metrics is the term basis point. A basis point is defined as one-hundredth of a percentage point, or 0.01%. This seemingly small unit of measurement can have significant implications in the financial markets, especially when dealing with large sums of money or when making critical investment decisions.To illustrate the importance of basis points, consider the context of interest rates. For instance, if a central bank decides to raise interest rates by 25 basis points, it means that the interest rate has increased by 0.25%. While this may not seem like a substantial change at first glance, it can have profound effects on borrowing costs for consumers and businesses alike. A higher interest rate generally leads to increased borrowing costs, which can slow down economic growth as individuals and companies may be less inclined to take out loans for homes, cars, or business investments.Moreover, basis points are also a common way to express changes in bond yields. For example, if the yield on a government bond rises from 2.00% to 2.25%, this increase is described as a change of 25 basis points. Investors closely monitor these changes because they can influence the overall performance of investment portfolios. A small shift in yields can lead to significant fluctuations in the value of fixed-income securities, which are sensitive to interest rate changes.In addition to interest rates and bond yields, basis points are frequently used in the context of fees and expenses in investment management. For instance, an investment fund might charge a management fee of 50 basis points, which translates to 0.50% of the total assets under management. Understanding this fee structure is essential for investors, as even minor differences in fees can accumulate over time and significantly impact long-term investment returns.The use of basis points allows for greater precision when discussing financial metrics. It helps to avoid confusion that might arise from using whole percentages, particularly in environments where even a small change can lead to substantial financial consequences. For example, when discussing a change from 1.00% to 1.50%, it is clear that this is a 50 basis point change, whereas saying it is a 0.50% change might not convey the same urgency or significance.In conclusion, the term basis point is more than just a technical jargon; it serves as a vital tool in the financial industry for conveying precise information about interest rates, yields, and fees. By understanding how to interpret basis points, investors and financial professionals can make better-informed decisions that can lead to improved financial outcomes. Whether one is analyzing market trends, evaluating investment opportunities, or managing a portfolio, having a firm grasp of basis points is essential for success in the complex world of finance.

理解金融术语对于任何参与金融、经济或投资领域的人来说都是至关重要的。一个常常在关于利率、债券收益率和其他金融指标的讨论中出现的术语是基点。基点被定义为百分之一，即0.01%。这个看似微小的计量单位在金融市场中可能具有重要的影响，特别是在处理大额资金或进行关键投资决策时。为了说明基点的重要性，考虑一下利率的背景。例如，如果中央银行决定将利率提高25个基点，这意味着利率上升了0.25%。虽然乍一看这似乎不是一个重大的变化，但它可以对消费者和企业的借贷成本产生深远的影响。较高的利率通常会导致借贷成本增加，这可能会减缓经济增长，因为个人和公司可能不太愿意借款用于购房、购车或商业投资。此外，基点也是表达债券收益率变化的常用方式。例如，如果政府债券的收益率从2.00%上升到2.25%，这种增加被描述为25个基点的变化。投资者密切关注这些变化，因为它们可以影响投资组合的整体表现。收益率的小幅波动可能会导致固定收益证券的价值发生显著波动，而这些证券对利率变化非常敏感。除了利率和债券收益率之外，基点在投资管理中的费用和支出方面也经常使用。例如，一个投资基金可能收取50个基点的管理费，相当于管理资产总额的0.50%。理解这种费用结构对于投资者至关重要，因为即使是微小的费用差异也可能随着时间的推移累积并显著影响长期投资回报。使用基点可以在讨论金融指标时提供更大的精确度。它有助于避免使用整体百分比时可能出现的混淆，特别是在即使是小的变化也可能导致重大财务后果的环境中。例如，当讨论从1.00%变化到1.50%时，很明显这是50个基点的变化，而说这是0.50%的变化可能无法传达同样的紧迫性或重要性。总之，基点这个术语不仅仅是技术术语；它在金融行业中作为传达关于利率、收益率和费用的精确信息的重要工具。通过理解如何解释基点，投资者和金融专业人士可以做出更明智的决策，从而改善财务结果。无论是分析市场趋势、评估投资机会还是管理投资组合，牢牢掌握基点对于在复杂的金融世界中取得成功都是必不可少的。