It is expected to approve another $670 million installment of this three-year loan soon.

The three-year loan is the fund's second biggest, after a $17.8 billion credit granted to Mexico last year.

On 1 May 2010, the Greek government announced a series of austerity measures to secure a three-year €110 billion loan.

He took out a three-year loan that had monthly payments of $850.

So far Russia has received $5.2 billion of the three-year loan.

It agreed to provide the first installment of an $18.1 billion, three-year loan.

The three-year loans will pay 2.75 percentage points above Libor.

Economic Development How the three-year loan will be used has not been specified.

Terms are announced for €30 billion of bilateral loans (roughly 5% for a three-year loan).

Rothwell said the remaining $50 million would be converted into a three-year subordinated loan.