A hundredth of one percentage point, the unit in which lenders quote spreads. The Scorecard writes it as bp. Chapter 10.
From The AI Compute Race. Read the book
Where the book uses it
- Chapter 10 — The Lender’s Decision
Who is lending the money and who bears the loss: the bonds, leases and guarantees behind the largest campuses, and how the paper reaches ordinary retirement accounts.
Where the record uses it
- Scorecard indicator Hyperscaler corporate bond issuance (five investment-grade issuers)
- Scorecard indicator Oracle 5-year credit default swap (CDS, credit protection)
- Scorecard indicator CoreWeave 2026 borrowing spread ladder
Related terms
From the glossary of The AI Compute Race.
How to cite this page
Dryburgh, Lee S. “Basis point.” In The AI Compute Race. DRYBURGH. https://dryburgh.com/vol1/glossary/basis-point (accessed 2026-11-01).
BibTeX
@misc{dryburgh-basis-point-2026,
author = {Dryburgh, Lee S.},
title = {{Basis point}},
howpublished = {In \emph{The AI Compute Race}, DRYBURGH},
year = {2026},
url = {https://dryburgh.com/vol1/glossary/basis-point},
note = {Accessed 2026-11-01}
}