The yield spread between the 10-year Greek and German benchmark bonds widened to 14.17 pct on Monday, from 13.93 pct on Friday, in the domestic electronic secondary bond market. The Greek bond yielded 17.12 pct and the German Bund 2.95 pct. Turnover in the market increased to 24.0 million euros, of which 3.0 million were buy orders and the remaining 21.0 million euros were sell orders. The five-year (20/08/11) benchmark bond was the most heavily traded security with a turnover of 16.0 million euros.
In interbank markets, interest rates moved slightly higher. The 12-month rate was 2.14 pct, the six-month rate 1.76 pct, the three-month rate was 1.51 pct and the one-month rate 1.31 pct.