Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds was unchanged at 868 basis points in the Greek electronic secondary bond market on Friday, with the Greek bond yielding 11.99 pct and the German Bund 3.31 pct. Turnover was a low 40 million euros, with the majority sell orders.

In interbank markets, interest rates moved sharply higher. The 12-month rate was 1.92 pct, the six-month rate 1.47 pct, the three-month 1.16 pct and the one-month rate 0.89 pct.

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