March 4, 2019 / 7:58 AM / 3 months ago

Greek 10-year bond yield hits over one-year low after Moody's upgrade

LONDON, March 4 (Reuters) - Greece’s benchmark 10-year government bond yields dropped to its lowest level in over a year, and was within a shade of a 12-year low on Monday after a two-notch ratings upgrade from Moody’s late last week.

The ratings agency lifted Greece’s issuer ratings to B1 from B3, citing the effectiveness of the country’s reform programme.

Greece’s 10-year yield dropped to 3.639 percent in early trade on Monday, the lowest since January 2018; back then, it hit its lowest level since 2006. (Reporting by Abhinav Ramnarayan; Editing by Saikat Chatterjee)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below