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E.Tsiliopoulos

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Greek bonds lower Euro-periphery debt

Greek bonds declined, pushing 10-year yields to the highest in 7 weeks, as opinion polls before upcoming European Parliament elections suggest Greece’s governing coalition is losing support.

Italian bonds fell, with yields rising the most in seven months having earlier dropped to a record. Irish and Spanish securities also reversed gains that had pushed yields to the least since Bloomberg began collecting the data.

NBG to sell Finansbank assets

The National Bank of Greece, the country’s biggest, plans to sell a stake in Istanbul-based Finansbank, as demand for Turkish bank assets increases.