The yield spread between the 10-year Greek and German benchmark bonds widened slightly to 926 basis points in the Greek electronic secondary bond market on Tuesday, from 922 bps on Monday, with the Greek bond yielding 12.63 pct and the German Bund 3.37 pct.

Turnover in the market was a low 16 million euros, of which 11 million were sell orders and the remaining 5.0 million euros were buy orders. The three-month Treasury bill issue was the most heavily traded security with a turnover of 7.0 million euros.

In interbank markets, interest rates moved higher again. The 12-month rate was 2.02 pct, the six-month rate 1.56 pct, the three-month 1.26 pct and the one-month rate 1.01 pct.