Basis Point

One one-hundredth of one percent (.01%). Example: 0.04% is four Basis Points, so 5.49% is four Basis Points more than 5.45%.

Preparing Bonds

Learn about over various terms and concepts that may arise while preparing a bond issue.

See Also


One percent or 1%.

Interest Rate

The rate expressed as a percentage of the principal amount of a bond used to determine the amount of interest to be paid by the issuer or the borrower.

Hudson Yards Rail Yards

Start with the Bond Basics

Arbitrage Bonds

Tax-exempt bonds violating yield restrictions imposed by Section 148 of the Internal Revenue Code (IRC) and Treasury Regulations promulgated thereunder.