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Greek bond market closing report

Δημοσίευση 4 Δεκεμβρίου 2010, 11:48 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Greek bond market closing report
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A warning by Standard & Poor’s over a possible new downgrading of the country’s credit rating did not affect the Greek bond market on Friday. The yield spread between the 10-year Greek and German benchmark bond eased to 880 basis points from 886 bps on Thursday, with the Greek bond yielding 11.68 pct and the German Bund 2.88 pct. Turnover in the market was a low 21 million euros of which 16 million were buy orders and the remaining 5.0 million euros were sell orders. The three-year benchmark bond was the most heavily traded security with a turnover of 11 million euros.

A warning by Standard & Poor’s over a possible new downgrading of the country’s credit rating did not affect the Greek bond market on Friday. The yield spread between the 10-year Greek and German benchmark bond eased to 880 basis points from 886 bps on Thursday, with the Greek bond yielding 11.68 pct and the German Bund 2.88 pct. Turnover in the market was a low 21 million euros of which 16 million were buy orders and the remaining 5.0 million euros were sell orders. The three-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 1.52 pct, the six-month rate was 1.25 pct, the three-month 1.02 pct and the one-month rate 0.81 pct.