ECONOMY

Bond trading volumes plummet in February

Greek government bond trading on the HDAT electronic secondary securities market dropped 96 percent in February from a year ago, the Bank of Greece said on Friday.

Traded volume fell to 847 million euros from 18.9 billion euros in February 2010, the Bank of Greece said in a statement.

Average daily trade last month rose to 42.4 million, from 35.4 million in January, Bank of Greece added. Of the 635 orders executed on the system, 71.9 percent were sell orders.