The State is now paying an estimated 4.99pc interest on the €22.5bn loan from the Washington-based lender – more than twice the cost Ireland is currently being charged to raise 10-year money on the international markets. At 4.99pc of €22.5bn, the interest bill is €1.12bn. The yield on Ireland’s 10-year-bond yesterday afternoon was 2.25pc, another … Continue reading IMF charges twice as much as Europe for Irish bailout