Τhe 10-year Greek state bond yield fell below the 4.0% barrier for the first time in six months on Friday, a sign that the market largely ignores the so-called political risk in the country from the forthcoming general elections in May 21.
In the domestic electronic secondary bond market, the 10-year bond yield was 3.99% and the 10-year German Bund yield was 2.25%, pushing the yield spread between the two benchmark bonds to 1.74%. Turnover was 102 million euros of which 98 million were buy orders.
