Abstract: A cutting tool is provided. The cutting tool comprising a tip, a body and a shank for attaching the cutting tool to a tool holder. The body has an outer body surface, a body shank end arranged towards the shank and a body tip end arranged towards the tip. The tip has an outer tip surface, a tip peak and a tip base, the tip base being attached to the body tip end of the body. The cutting tool comprises a plurality of grooves extending substantially continuously over both the outer tip surface and the outer body surface, each groove having a predetermined extension in a longitudinal direction of the cutting tool.