New decline in bond prices

Yields on all eurozone bond markets continued to rise today.

However, the EU today raised 12 billion euros from the markets, despite the negative climate that prevails due to the apparent stagnant inflation, by issuing 10-year bonds in order to finance the Recovery Fund.

In the domestic bond market and more specifically in HDAT, transactions of 37 million euros were recorded, of which 22 million euros related to purchase orders. The yield on the 10-year bond increased to 2.75% from 2.67% yesterday, compared to 0.49% of the corresponding German bond, resulting in a margin of 2.26% from 2.24% that closed yesterday.

In the foreign exchange market, the euro is falling against the dollar, as the European currency traded early in the afternoon at 1.1013 dollars from the level of 1.1028 dollars that opened the market.

The indicative price for the euro / dollar exchange rate announced by the ECB was 1.1024 dollars.

SOURCE: ΑΠΕ-ΜΠΕ

Source: Capital

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