Layout railing installation to determine post locations. b. Beneath all post locations install at least two 2x8 blocks using at least three #10x3 Â½â deck screws penetrating. through the joists at least 1 Â½â into the blocks (see diagram for details) Raise bottom. insert temporarily. to allow room to.
What it is: A basis point is the smallest measure used in quoting yields on fixed income products. Basis points also pertain to interest rates. One basis point is equal to one one-hundredth of one percentage point (0.01%). Therefore, 100 basis points would be equivalent to 1%.
Spreads. When basis points are used to express the difference between two interest rates, they are said to be expressing the spread between the two rates. For example, the spread between 1.50 percent and a 1 percent interest rate has a yield of 50 basis points, or 150 basis points minus 100 basis points.