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Greek 10-Year Bond yield reaches new record low with 1.20%

The yield for the Greek 10-year benchmark bond has hit a new record low, falling to 1.20% on Friday.

The Bank of Greece registered transactions worth 15 million euros, of which 13 million were buy orders. 

The highest-volume transaction was recorded for the three-year bond with 6 million euros.

Investors are reportedly expecting  rating agency Standard & Poor’s to upgrade Greece’s credit rating upgrade to B+ from BB-. The St&P report is expected to be released today, Friday.

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