The yield spread between the 10-year Greek and German benchmark bonds was unchanged at 880 basis points in the Greek electronic secondary bond market on Wednesday, with the Greek bond yielding 11.98 pct and the German Bund 3.18 pct. Turnover in the market was a low 35 million euros, with 11 million euros representing buy orders and the remaining 24 million euros sell orders. The 10-year benchmark bond was the most heavily traded security with a turnover of 7.0 million euros.
In interbank markets, interest rates were mixed. The 12-month rate rose to 1.77 pct, the six-month rate was unchanged at 1.37 pct, the three-month was flat at 1.09 pct and the one-month rate was 0.86 pct.