The yield spread between the 10-year Greek and German benchmark bonds widened slightly to 868 basis points, from 866 bps on Thursday, in the Greek electronic secondary bond market on Friday.
The Greek bond yielded 11.79 pct and the German Bund 3.15 pct. Turnover in the market totaled 22 million euros, of which 12 million were buy orders and the remaining 10 million were sell orders. The five-year benchmark bond was the most heavily traded security with a turnover of 6.0 million euros.
In interbank markets, interest rates were largely unchanged. The 12-month rate rose to 1.75 pct, the six-month was 1.37 pct, the three-month at 1.08 pct and the one-month rate at 0.86 pct.