The yield spread between the 10-year Greek and German benchmark bonds shrank further to 12.79 pct in the domestic electronic secondary bond market on Monday, from 12.99 pct last Friday, with the Greek bond yielding 15.82 pct and the German Bund 3.02 pct. Turnover in the market was an improved 28 million euros, of which 22 million were buy orders and the remaining 6.0 million euros were sell orders. The 10-year benchmark bond was the most heavily traded security with a turnover of 11 million euros.
In interbank markets, interest rates were largely unchanged. The 12-month rate was 2.14 pct, the six-month rate 1.71 pct, the three-month 1.43 pct and the one-month rate 1.22 pct. (ANA-MPA)