Basis Points (bps) Robert McListerMay 30, 2008General0 min read Tweet Share 0 LinkedIn 0 A basis point is 1/100 of a percent. 50 basis points therefore equal 1/2%. The basis point is commonly used for calculating changes in mortgage rates and bond yields. Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.