Greek bond market closing report

A deteriorating climate in the Italian bond market negatively affected Greek state bonds, pushing prices lower and bond yields higher on Monday. The yield spread between the 10-year Greek and German benchmark bonds widened sharply to 4.31 pct from 3.97 pct on Friday, with the Greek bond yielding 4.66 pct (4.52 pct last week) and the German Bund yielding 0.53 pct. Turnover was 19 million euros of which 2.0 million were buy orders.

In interbank markets, interest rates were largely unchanged. The 12-month rate was -0.158 pct, the nine-month rate was -0.208 pct, the six-month rate was -0.267 pct, the three-month rate was -0.318 pct and the one-month rate was -0.371 pct.

Source ANA-MPA
You might also like

Comments

The Greek Observer considers that every reader has the right to express their opinions freely. However, we explicitly emphasize that The Greek Observers’ editorial team does not adopt user opinions. Please express your opinions in a decent manner. Comments that include, insults will be deleted by the team and the users will be banned from commenting.