Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds widened slightly to 890 basis points in the Greek electronic secondary bond market on Thursday, with the Greek bond yielding 11.99 pct and the German Bund 3.30 pct.

The 10-year benchmark bond was the most heavily traded security with a turnover 11 million euros. Turnover was a low 36 million euros of which 31 million were sell orders and the remaining 5.0 million euros were buy orders.

In interbank markets, interest rates were largely unchanged. The 12-month rate was 1.78 pct, the six-month rate 1.38 pct, the three-month 1.09 pct and the one-month rate 0.86 pct.