The yield spread between the 10-year Greek and German benchmark bonds widened to 12.48 pct in the domestic electronic secondary bond market on Monday, from 12.38 pct on Friday, with the Greek bond yielding 15.59 pct and the German Bund 3.11 pct. Turnover was a low 10 million euros, of which seven million were buy orders and the remaining 3.0 million euros were sell orders. The five-year benchmark bond was the most heavily traded security with a turnover of 4.0 million euros.
In interbank markets, interest rates were largely unchanged. The 12-month rate was 2.14 pct, the six-month rate 1.70 pct, the three-month 1.42 pct and the one-month rate at 1.24 pct.