The yield spread between the 10-year Greek and German benchmark bonds fell to 12.26 pct in the domestic electronic secondary bond market on Thursday, from 12.49 pct the previous day, with the Greek bond yielding 15.36 pct and the German Bund 3.10 pct. Turnover in the market was a low 38 million euros, of which 18 million euros were sell orders and the remaining 20 million euros were buy orders. The 10-year benchmark bond was the most heavily traded security with a turnover of 6.0 million euros.
In interbank markets, interest rates were largely unchanged. The 12-month rate was 2.13 pct, the six-month rate 1.69 pct, the three-month 1.42 pct and the one-month rate 1.24 pct.