The formula to calculate the Percentage (P) from Basis Points (B) is:
\[
P = \frac{B}{100}
\]
Where:
\( P \) is the percentage
\( B \) is the basis points
Definitions
Percentage (P): The percentage equivalent of the basis points.
Basis Points (B): A unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument. One basis point is equal to 0.01%.
Example
Let's say the basis points (B) are 50. Using the formula:
