The yield spread between the 10-year Greek and German benchmark bonds eased to 3.46 pct in the domestic electronic secondary bond market on Wednesday, from 3.52 pct the previous day, with the Greek bond yielding 3.83 pct and the German Bund yielding 0.37 pct. Traders said investors continued taking profits despite a report by HSBC recommending the purchase of five-year Greek bonds based on the estimate that their yield will fall to 2.2 pct from 2.91 currently. Turnover was 20 million euros, all sell orders.

In interbank markets, interest rates moved higher. The 12-month rate was -0.179 pct, the nine-month rate was -0.217 pct, the six-month rate was -0.271 pct, the three-month rate was -0.321 pct and the one-month rate was -0.369 pct.