Thanks to the third bailout approved by the Eurogroup last Friday, they continue to fall interest rates on Greek government bonds. Yields on ten-year public bonds, in particular, returned below 9% today (8,99 percent, -56 basis points) for the first time since last February.
According to Dirk Gojni, a National Bank bond analyst quoted by the Radiocor agency, the rate could continue to fall towards 7% if there are no delays in the new aid plan for Athens.
As for Italy, in the middle of the day the BTP-Bund spread it is down to 113 basis points, from 116 at Friday's close. The new width of the gap between yields corresponds to a rate on the Italian ten-year bond of 1,78%, down by 3 basis points compared to the end of the last session.
