The word 'bps' is an acronym that stands for 'bits per second'.
It is commonly used to refer to things such as internet speed. It is an acceptable word to use in written English. For example: "We upgraded our internet plan so now we can get over 500Mbps of download speed," or "My internet connection speed is 20bps".
The CDS on Santander, Spain's biggest bank, is 260 bps while that on Bankinter, a feisty rival, is 329 bps.Two things determine banks' funding costs apart from the country in which they are based.
Although investment-grade spreads have moved little since then, those of junk issuers have continued to tighten, from 1,100 bps in October to 730 now.In this section The temptations of yield Name theory Trouble at home Banks beaten Black ink Unhappy returns Bad habits Inelastic bands Germany's euro test ReprintsThe same pattern can be seen in emerging markets.
The spread of the EMBI+ rose from its low point in January to 569 bps this week.Though prices subsequently recovered a bit, emerging debt probably has further to fall.
From its peak in September 2002 to its trough early this year, the EMBI+, an index of these spreads tracked by J.P. Morgan, fell from 1,041 bps (basis points, or hundredths of a percentage point) over Treasuries, to 384 bps in early January.This is a little curious.
PETER BOOCKVAR writes:Greek 5 yr CDS is blowing out by about 100 bps to 950-990 bps after Austria threatened to withhold its portion of the Greek bailout funds because they don't believe Greece has met the conditions for the next round of money.
The cost of buying credit-default swaps (CDSs) on the debt of Intesa, Italy's biggest bank by domestic market share, is 295 bps while that of insuring debt issued by Monte dei Paschi di Siena, a smaller and admittedly troubled rival, is 708 bps.
The divergence in borrowing costs between German and Spanish firms is close to 1.5 percentage points, compared with just a few basis points (bps), or hundredths of a percentage point, two years ago.Just as the pack of nations is stringing out, so there is dispersion within Europe's peripheral countries.
He blogs for the British Psychological Society at bps-research-digest.blogspot.com and is currently writing Great Myths of the Brain (Wiley-Blackwell).
According to BPS Research Digest: "Having a butterfly mind gives you a certain mental flexibility even though it makes it difficult to focus".
Professor Catriona Morrison is a trustee of the British Psychological Society, chair of BPS Education and Public Engagement Board, and professor of Psychology at Heriot-Watt University.
Sarah Chana Radcliffe, author of "Raise Your Kids Without Raising Your Voice," (BPS Books), views screen-time allowances as a great motivator for children.
