Greek 10-year bond yields fall to lowest level since January 2006
- Written by E.Tsiliopoulos
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Greek 10-year bond yields fell to the lowest level in more than 13 years on Monday as encouraging news and zero German Bund yields led investors to more riskier sectors of the market. The 10-year Greek state bond yield fell below 3.5 pct for the first time since January 2006, at 3.477 pct.
Eurozone bond yield spreads against the German bonds are falling. This trend is more visible in the Greek secondary bond market as the country continues its recovery from a debt crisis. Market officials told Reuters that Greece was planning another bond issue in the next few months to repay the expensive loans, worth 4.0 billion euros, received from the International Monetary Fund (IMF).
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