Eurozone debt crisis: Portugal's borrowing costs jumpPortugal saw its cost of borrowing jump significantly this morning as it paid the price for the ongoing eurozone debt crisis. Although there was relief that Portugal found buyers for the €500m (£418m) of 12-month bonds on the table, buyers at this morning's auction demanded a much higher rate of return. The debt was sold at an average yield – or effective interest rate – of 5.281%, up from 4.813%
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BBC News - Portugal buffeted by Greek budget storm
