Log in

Greek state bond yields continue rising in the last few days

Greek state bond yields continue rising in the last few days

Greek state bond yields returned to March levels after a rally in the domestic electronic secondary bond market in the last few days.

The yield of the 10-year benchmark bond was 4.48 pct on Friday, from 4.04 pct which was the average yield in April. The five-year bond yield was 3.55 pct and the seven-year bond yield was 4.06 pct (3.67 pct on average in April).

Bond yields are rising steadily since February, after Greece launched a new seven-year bond. Before that issue, the yield of the 10-year benchmark bond was 3.7 pct. The pressure on Greek bonds is partly related with a negative climate prevailing in Europe ahead of the formation of a new government in Italy.

German Bund yields fell to 0.62 pct, with the yield spread between the 10-year Greek and German bonds rising to 3.86 pct from 3.1 pct in January.

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

ΔΙΑΒΑΣΤΕ ΑΚΟΜΑ