You can determine the basis points as a percentage in decimal form by multiplying the basis points by 0.0001 (150 × 0.0001 = 0.015). To obtain its final percentage, you need to multiply the decimal by 100 (0.015 × 100 = 1.5%) or divide the basis point by 100 (150 / 100 = 1.5%). Therefore, 150 basis points are equivalent to 1.5%. Read more