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Athens News Agency: News in English, 10-05-12

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Greek bond market closing report
  • [02] ADEX closing report
  • [03] Operation open beachfront

  • [01] Greek bond market closing report

    (ANA-MPA) -- Turnover in the Greek electronic secondary market improved slightly to 83 million euros, of which 48 million were sell orders and the remaining 35 million euros were buy orders. The three-year benchmark bond (March 20, 2015) was the most heavily traded security with a turnover of 17 million euros. The yield spread between the 10-year Greek and German benchmark bonds shrank to 441 basis points, with the Greek bond yielding 7.34 pct and the German Bund 2.93 pct.

    In interbank markets, interest rates were largely unchanged. The 12-month Euribor rate was 1.22 pct, the six-month rate 0.95 pct, the three-month rate 0.64 pct and the one-month rate 0.40 pct.

    [02] ADEX closing report

    (ANA-MPA) -- The June contract on the FTSE 20 index was trading at -1.61 pct in the Athens Derivatives Exchange on Wednesday, with turnover a low 65.801 million euros. Volume on the Big Cap index totaled 12,560 contracts worth 53.275 million euros, with 24,895 open positions in the market.

    Volume in futures contracts on equities totaled 14,089 contracts worth 12.526 million euros, with investment interest focusing on National Bank�s contracts (6,314), followed by Eurobank (707), MIG (300), OTE (791), OPAP (564), Piraeus Bank (808), Alpha Bank (1,142), Mytilineos (310), Cyprus Bank (592) and ATEbank (257).

    [03] Operation open beachfront

    (ANA-MPA) -- Prime Minister George Papandreou was present on Wednesday morning at the demolition of an illegal structure on the southeastern Athens coast of Alimos, a structure that housed a well-known summer nightclub.

    Papandreou and Environment Tina Birbili were on the spot as bulldozers razed the "Fantasia" nightclub, judged as a highly symbolic gesture in the campaigm to demolish whatever illegal structures and illicit business blocking access to Athens' closest beaches. (ANA-MPA)

    Caption: ANA-MPA photo / P. SAITAS


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