The yield spread between the 10-year Greek and German benchmark bonds widened to 825 basis points in the Greek electronic secondary bond market on Monday, from 810 bps on Friday, with the Greek bond yielding 11.55 pct and the German Bund 3.28 pct.

Turnover in the market was a low 33 million euros, of which 29 million were sell orders and the remaining 4.0 million euros were buy orders. The 10-year benchmark bond was the most heavily traded security with a turnover of 13 million euros.

In interbank markets, interest rates were largely unchanged. The 12-month rate was 1.716 pct, the six-month rate 1.35 pct, the three-month rate was 1.09 pct and the one-month rate 0.91 pct.