Greek state 10-year bond yields fall to new record lows on Wednesday

Greek state bond yields continued falling to reach new record lows in the domestic electronic secondary bond market on Wednesday, with the 10-year Greek bond yielding 4.36 pct (down 4.46 pct on Tuesday) and the German Bund yielding 0.31 pct. The yield spread between the 10-year Greek and German Bund fell sharply to 4.05 pct from 4.16 pct the previous day. Turnover was a thin 2.0 million euros, equally distributed among buyers and sellers.

In interbank markets, interest rates were largely unchanged. The 12-month rate was-0.194 from -0.191 pct, the nine-month rate was -0.225 pct, the six-month rate was -0.277 pct from -0.271, the three-month rate was -0.327 pct and the one-month rate was -0.367 pct