The yield spread between the 10-year Greek and German benchmark bonds eased to 756 basis points in the Greek electronic secondary bond market on Friday, with the Greek bond yielding 10.8 pct and the German Bund 3.24 pct.

Turnover in the market was a low 42 million euros, of which 14 million were buy orders and the remaining 28 million euros were sell orders. The five-year benchmark bond was the most heavily traded security with a turnover of 25 million euros.

In interbank markets, interest rates were largely unchanged. The 12-month rate was 1.68 pct, the six-month was 1.51 pct, the three-month 1.34 pct and the one-month rate 0.91 pct.