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Greece, default fear, 2-year bond soars to 96.7%

03. November 2011. | 07:30

Source: ANSAmed

The yield on 2-year Greek government bonds has soared to 96.70% amid fears of a probable Greek default, after Athens announced that it would be holding a referendum on anti-crisis measures.

The yield on 2-year Greek government bonds has soared to 96.70% amid fears of a probable Greek default, after Athens announced that it would be holding a referendum on anti-crisis measures.

The spread between 10-year Greek bonds and the reference German bund, meanwhile, has skyrocketed to 2,362 points, with interest up to 25.47%.

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