Increasing concerns over a European solution to a Greek debt crisis continued pressuring regional bond spreads on Monday.
The yield spread between the 10-year Greek and German benchmark bonds widened to 15.53 pct in the domestic electronic secondary bond market, from 14.67 pct on Friday, with the Greek bond yielding 18.17 pct and the German Bund 2.64 pct. The Spanish and Italian bonds yielded more than 6.0 pct.
Turnover in the market was a low 11 million euros, all sell orders. The 10-year benchmark bond was the most heavily traded security with a turnover of 3.0 million euros.
In interbank markets, interest rates were largely unchanged. The 12-month rate was 2.16 pct, the six-month rate 1.81 pct, the three-month rate 1.60 pct and the one-month rate 1.46 pct.