What Does Price Value of a Basis Point Mean? Price value of a basis point (PVBP) is a measure used to describe how a basis point change in yield affects the price of a bond. Price value of a basis ...
A basis point is a unit of measurement used to quantify the change between two percentages – it can also be referred to as ‘bp’, which is pronounced ‘bip’ or ‘beep’. A basis point is equal to one ...