Greek bonds calmly react to debt scenarios

The Greek bond market reacted calmly to the scenarios which emerged on Friday, following a meeting between European G20 finance ministers' in Luxembourg to discuss developments over the Greek economy.
In the secondary bond market, the 10-year benchmark bond yield was slightly higher (0.1 pct) compared with its closing price last week, at 15.3 pct, with the yield spread against the 10-year German benchmark bond at 12.16 pct.

Greek CDS widened slightly, by 0.5 pct compared with Friday, to 14.39 pct. The five-year Greek benchmark bond yields jumped to 22 pct, while Portugal's state bond yields also rose significantly, Reuters said.

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