1/100 of a percent. It is widely used while describing the rate of interest for bond certificates of loans. For instance, a change of 10 basis points means that the interest rate gains or looses 0.1%.
IMPORTANT: Please be informed, that our services are available for Professional Clients only. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.