On a day when the ECB will likely raise interest rates 25bps — a chart (via Nomura) that amuses us for some reason:

Something that amuses us rather less: 99 per cent of Portuguese mortgages are on variable rates.

This entry was posted by Joseph Cotterill on Thursday, April 7th, 2011 at 8:36 and is filed under Uncategorised. Edit this entry.