Τhe Greek state bond market reacted positively to a rescue plan for Credit Suisse announced on Sunday as investors are turning towards the safety of stable returns.
In the domestic electronic secondary bond market, the 10-year Greek bond yield fell to 4.05% on Monday, from 4.19% on Friday, while the 10-year German Bund yield eased to 2.06%.
Traders said the positive climate prevailing in the domestic market was also related with a decision by Moody’s on Friday to revise upwards the Greek economy’s outlook, while it kept the country’s credit rating unchanged at Ba3.
