Fri. Apr 19th, 2019

The yield of the Greek ten-year bond falls to its lowest since September 2005

The yield of the Greek ten-year bond falls to its lowest since September 2005


Specifically, the yield on the 10-year Greek bond came to 3.724%, the lowest figure recorded since September 2, 2005, when the sovereign bond reached 3,280%.

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Likewise, the interest paid for the country's debt is close to its historical lows. The lowest yield on the Greek bond was reached on September 21, 2005, when it stood at 3,224%.

Last Friday, in the framework of the spring meetings of the International Monetary Fund and the World Bank, 'Reuters' reported, citing an anonymous source of the Greek government, that Greece had planned to reach an agreement with the institution chaired by Christine Lagarde for to pay in advance half of the money lent by the IMF, which would amount to between 4,000 million and 5,000 million euros.

In this way, the Mediterranean country moves further away from the highs it reached in 2012, when the yield on the Greek 10-year bond reached 39.850%.

Likewise, the risk premium offered to investors for Greek bonds with respect to their German counterparts stood at 320.6 basis points, having started the day at 326.2 whole.

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