Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds widened slightly to 870 basis points in the Greek electronic secondary bond market on Monday, from 868 bps on Friday, with the Greek bond yielding 11.85 pct and the German Bund 3.15 pct.

Turnover in the market was a low 30 million euros, while the three-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 was 1.76 pct, the six-month rate was 1.37 pct, the three-month was 1.09 pct and the one-month rate 0.86 pct.

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