Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds continued easing, although at a slow pace, in the domestic electronic secondary bond market on Thursday, with the spread falling to 13.14 pct form 13.28 pct on Wednesday. The Greek bond yielded 16.17 pct and the German Bund 3.03 pct.
Turnover in the market was a thin 3.0 million euros, all sell orders, while the 10-year benchmark bond was the most heavily traded security with a turnover of 1.0 million euros.
In interbank markets, interest rates moved slightly up, with the 12-month rate at 2.16 pct, the six-month rate at 1.78 pct, the three-month at 1.54 pct and the one-month rate was unchanged at 1.32 pct.

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