The IMF gives Portugal a teaser rate on its bailout loan, charging 3.25% for the first 3 years...

|By:, SA News Editor

The IMF gives Portugal a teaser rate on its bailout loan, charging 3.25% for the first 3 years and 4.25% after that. The IMF is supplying one third of the €78B package with the rest coming from the EU, which has yet to set its interest rate.