Greek 10-year bond falls to record low
Yields for the Greek 10-year benchmark bond fell to 1.268 pct, a record low, on Tuesday. The 5-year benchmark bond also fell to 0.51 pct.
- Published in Economy
Yields for the Greek 10-year benchmark bond fell to 1.268 pct, a record low, on Tuesday. The 5-year benchmark bond also fell to 0.51 pct.
The Greek government has ordered BNP Paribas, Citi, Goldman Sachs, HSBC and JP Morgan to seek up to 1.5 billion euros from the markets.
New historic low for the 10-year Greek bond on Wednesday, with its yield reaching 2,106% due to the combination of the expectation of a change in the July 7th election and the election Lagarde as the head of the European Central Bank which is considered a move that assured the markets to maintain the loose monetary policy of the central bank.