Short-dated Greek bond yields jump to four-month high

15 December 2016
658 Views

Short-dated Greek government bond yields spiked to a four-month high on Thursday ahead of a parliamentary vote on a controversial bonus to poor pensioners that threatens to derail the country’s debt relief plans.

Eurozone lenders put a short-term debt relief deal for Greece on hold on Wednesday after the Athens government proposed a one-off payout to pensioners. The Greek parliament is due to vote on the payout later on Thursday.

Greek two-year bond yields rose over 150 basis points on Thursday to 8.65 percent, their highest since August.

Ten-year yields, which hit a one-month high on Wednesday, rose a further 25 bps to 7.61 percent, while five-year yields jumped 16 bps to 8.34 percent.

You may be interested

Infectious Disease Committee ‘green light’ re-opening of high schools on February 1st – The measures from January 25th
GREECE
shares39 views
GREECE
shares39 views

Infectious Disease Committee ‘green light’ re-opening of high schools on February 1st – The measures from January 25th

makis - Jan 22, 2021

The experts of the Committee of the Ministry of Health gave the “green light” on Friday for the opening of…

EU teleconference Summit: Concerns over Covid-19 mutations and delay in vaccines
GREECE
shares23 views
GREECE
shares23 views

EU teleconference Summit: Concerns over Covid-19 mutations and delay in vaccines

makis - Jan 22, 2021

PM Mitsotakis’ proposal for a European vaccination certificate, which would facilitate travel without the need for a coronavirus test for…

Crete is the most popular holiday destination for Brits
GREECE
shares41 views
GREECE
shares41 views

Crete is the most popular holiday destination for Brits

Panos - Jan 21, 2021

Crete is the most popular holiday destination for this year’s tourist season for the Brits, according to online searches made in…

Leave a Comment

Your email address will not be published.