Greek 10-year bond reaches historic low in Friday's trading
- Written by E.Tsiliopoulos
Featured
The 10-year Greek bond fell beneath the 3-percent yield in trading on Friday, a historic low that comes days after ruling SYRIZA party suffered a convincing defeat in the European Parliament election and in the first round of municipal and regional elections.
Conversely, profit-taking was on the itinerary at the Athens Stock Exchange (ATHEX) after a weeklong rally led to a 12-month general index high.
After noon local time the general index was marginally down at 0.40 percent, with the banking index suffering the biggest losses.
Tagged under
Related items
Latest from E.Tsiliopoulos
- Moody’s upgrades Athens municipality credit rating
- Mitsotakis from Brussels promises returns of those not granted asylum
- Metlen to put Greece on track for European rearmament
- Incredible Gesture from Scottish Fans: They Donate €5,000 to the “Floga” Parents’ Association for Children with Neoplastic Disease.
- Montreal’s City Hall honors the Greek Revolution of 1821