The yield spread between the 10-year Greek and German benchmark bonds widened further to 957 basis points in the Greek electronic secondary bond market on Thursday, from 940 bps the previous day, with the Greek bond yielding 12.79 pct and the German Bund 3.33 pct.

Turnover in the market shrank to a low 8.0 million euros, of which 7.0 million were sell orders and 1.0 million were buy orders. The six-month Treasury bill was the most heavily traded security with a turnover of 2.0 million euros.

In interbank markets, interest rates were largely unchanged. The 12-month rate was 1.99 pct, the six-month rate 1.54 pct, the three-month 1.23 pct and the one-month rate 0.96 pct.