The yield spread between the 10-year Greek and German benchmark bonds eased to 13.85 pct on Tuesday, from 14.17 pct on Monday, in the domestic electronic secondary bond market. The Greek bond yielded 16.81 pct and the German Bund 2.96 pct. Turnover in the market was 18.0 million euros, of which 4.0 million were buy orders and the remaining 14.0 million euros were sell orders. The five-year (20/08/11) benchmark bond was the most heavily traded security with a turnover of 10.0 million euros.
In interbank markets, interest rates remained mostly unchanged. 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.