Kredxionary Basis Point

#Kredxionary – Basis Point

Basis Point – A basis point is one one-hundredth of a percentage point. Any changes in the interest rate, exchange rate and bond yields are often described in terms of basis points. Eg: If the interest rate moves from 3.15% to 3.35%, it has risen by 20 basis points.

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KredX is an invoice discounting marketplace connecting high growth businesses in need of quick working capital with investors looking to grow their money at minimal risk in a short tenure.

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