The cost of funds for banks will increase and yet there is no mechanism to correspondingly increase the interest rate for existing mortgages and indeed for any prime - based lending 这样的话，银行的资金成本将会上升，但却缺乏机制相应调高现有按揭的利率或其他以最优惠利率为定息基础的贷款利率。
For example , if inflation falls to - 1 . 0 percent and the prime lending rate is reduced to 8 . 5 percent , real interest rates will be 9 . 5 percent , making the cost of investment very high 例如若通胀率下跌至负百分之一，最优惠利率下调至百分之八点五。那么，实质利率便会增加至百分之九点五。投资的成本变得偏高。
Perhaps the banks will come around to considering it , or alternatively just start quoting a mortgage rate without reference to prime , when the need for that flexibility is felt 也许当银行觉得需要灵活地独立调整按揭利率时，便会考虑修改按揭贷款文件，或不再以最优惠利率为参考利率，而开始直接说明按揭贷款利率是多少厘。
It may still take a little more time for interest rates , relative to prime , on new mortgages to settle down , if it is the intention of licensed banks to continue to price mortgages against prime 如果持牌银行打算继续以最优惠利率作为厘定按揭利率的参考基准，新造按揭息率相对最优惠利率仍可能要等多一点时间才会稳定下来。
In the interests of the stability and integrity of the financial system i did , exceptionally , make comments in public to try to dampen the potentially adverse impact of the leap - frogging 为保持金融体系稳定及健全，我曾罕有地发表一些言论，试图缓和最优惠利率超加的潜在不利影响，但我同时强调存贷息率仍然纯属银行本身的决定。
There is a lack of flexibility in the adjustment of interest rates , in that an increase in the mortgage rate for existing mortgages will require a corresponding increase in the rates for all prime - based lending 根据这个安排，如果要调高现有按揭的利率，所有以最优惠利率作厘定基础的贷款的利率都会相应调高，致使利率调整缺乏弹性。
And it is on the basis of those short - term interbank interest rates that other interest rates of more direct concern to members of the public , such as the best lending rate and the interest rate for savings deposits , are determined 此外，其他与市民大众关系较直接的息率，如最优惠利率和储蓄存款利率等，都是根据短期同业拆息定出。
