Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds fell to 12.3 pct in the domestic electronic secondary bond market from 12.54 pct last week, with the Greek bond yielding 15.56 pct and the German Bund 3.26 pct. Turnover in the market was a low 51 million euros, of which 27 million were sell orders and the remaining 24 million euros were buy orders. The five-year benchmark bond was the most heavily traded security with a turnover of 7.0 million euros.
In interbank markets, interest rates moved slightly higher. The 12-month rate was 2.13 pct, the six-month rate 1.68 pct, the three-month 1.39 pct and the one-month rate 1.24 pct.

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