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Price value of a basis point (PVBP) |
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Price value of a basis point (PVBP)Also called the dollar value of a basis point; a measure of the change in the price of a bond if the required yield changes by one basis point.Price value of a basis point (PVBP) Similar MatchesBasis pointBasis pointA basis point is one one-hundredth of one percentage point. For example, the difference between a loan at 8.25 percent and a mortgage at 8.37 percent is 12 basis points. Cash basisCash basisRefers to the accounting method that recognizes revenues and expenses when cash is actually received or paid out. Basis pointBasis pointUsually one hundredth of a percentage point used in quoting movements in interest rates of yields on securities. Agency basisAgency basisA means of compensating the broker of a program trade solely on the basis of commission established through bids submitted by various brokerage firms. Discounted basisDiscounted basisTo sell below maturity value, so that the difference makes up all or part of the interest. Further SuggestionsBasis pointFlow through basis Adjusted basis Bank discount basis booking the basis basis cost basis Cost basis Bond equivalent basis Fixed price basis Accrual basis sort the basis Formula basis Annual basis After tax basis pay as you go basis Basis price |
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