The yield spread between the 10-year Greek and German benchmark bonds eased slightly to 13.76 pct on Wednesday, from 13.85 pct on Tuesday, in the domestic electronic secondary bond market. The Greek bond yielded 16.71 pct and the German Bund 2.95 pct. Turnover in the market was 30.0 million euros, of which 3.0 million were buy orders and the remaining 27.0 million euros were sell orders. The five-year (20/08/11) benchmark bond was the most heavily traded security with a turnover of 26.0 million euros.
In interbank markets, interest rates remained mostly unchanged. The 12-month rate was 2.14 pct, the six-month rate 1.7 pct, the three-month rate was 1.52 pct and the one-month rate 1.31 pct.