ECONOMY

Yield on Greek 10-year bonds falls to 8.04 pct

Greek bonds rose on Wednesday, with the 10-year yield falling 13 basis points to 8.04 percent, a day after Deputy Prime Minister Evangelos Venizelos (photo) said that Greece aims to complete a review of its finances with its troika of creditors by December 8.

Trading of Greek government debt through the electronic secondary securities market, or HDAT, was 23 million euros on Tuesday.

Monthly trading volumes plunged to zero in October 2011 from a peak of 136 billion euros in September 2004, data compiled by the Bank of Greece show.

[Bloomberg]