Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds eased further to 818 basis points in the Greek electronic secondary bond market on Friday, from 821 bps on Thursday, with the Greek bond yielding 11.17 pct and the German Bund 2.99 pct.

Turnover in the market was a low 28 million euros, of which 24 million euros were buy orders. The five-year bond was the most heavily traded security with a turnover of 9.0 million euros.

In interbank markets, interest rates were largely unchanged. The 12-month rate was 1.50 pct, the six-month rate 1.22 pct, the three-month 0.9 pct and the one-month rate 0.75 pct.