90% interest IS huge!

0 **.**90%, um, not so much

In the bond market, a basis point (or bp or bipp) is 1/100 of 1%. 0.90% (or 90 bp) is less than 1% — it would take over 75 years to double your money at this rate — not so huge!

90% interest IS huge!

0 **.**90%, um, not so much

In the bond market, a basis point (or bp or bipp) is 1/100 of 1%. 0.90% (or 90 bp) is less than 1% — it would take over 75 years to double your money at this rate — not so huge!