The yield spread between the 10-year Greek and German benchmark bonds widened to 850 basis points in the Greek electronic secondary bond market on Tuesday, with the Greek bond yielding 11.65 pct and the German Bund 3.15 pct.

Turnover in the market totaled 26 million euros, of which 25 million were sell orders and only 1.0 million euros were buy orders. The 10-year benchmark bond was the most heavily traded security with a turnover of 17 million euros.

In interbank markets, interest rates were largely unchanged. The 12-month rate was 1.73 pct, the six-month rate 1.36 pct, the three-month 1.082 pct and the one-month rate 0.86 pct.