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At most, experts say, target-date fees may inch up one to three basis points (0.01 to 0.03 percent).
"If somebody bumps your lending costs by three basis points" — that is three hundredths of a percent — "it is a big deal.
Generally speaking, Mr. Winter said, that price translates into an interest rate increase of two to three "basis points" per month of rate lock.
Their real loss rate is about two to three basis points, versus about 83 basis points for the banking industry last year.
The overnight repo rate, which started the week at about three basis points, was about 17 basis points Thursday evening, according to Credit Suisse.
Spanish 10-year yields fell three basis points to 6.23 percent, while yields on Italian debt of similar maturity stayed higher at 6.14 percent.
Similar(27)
"Sixty-three basis points" came the chirpy reply.
(One basis point is 0.01 percent).
At 12 30 they were up six basis points at 2.895%.
(One hundred basis points are equal to 1percentt).
"George, I just outlined the four basis points," Mr. Emanuel responded.
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