For this privilege, the borrower needs to pay a higher margin over a relevant base interest rate.

为获得这种特殊的权利，借款者需支付比相关的基准利率更高的利差。

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The bank has made three consecutive interest-rate cuts in total, bringing the benchmark Selic base interest rate to 11%.

巴西央行迄今一共降息三次，把作为基准的清算与托管特别系统（Selic）目标利率下调到11%。

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Once the Bank's base rate hits 1%, people with mortgages that track a point below base rate will find themselves paying no interest.

一旦银行基础利率降到1%，那些按揭利率跟踪基础利率一个百分点以下的客户将不用付利息。

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The pound had also weakened slightly after the Bank of England on Thursday cut its base interest rate to 5.50%, from 5.75%, on growing signs that the U.K. economy was slowing.

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The Korean central bank's move came after a similar move in Brazil, where the central bank cut its Selic base interest rate by a quarter of a percentage point to 7.25% Wednesday.

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Although the base rate of interest is 4.5%, most credit cards charge upwards of 40%, plus an annual fee.

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