Greece’s bond yields drop to four-year low

Julian Harris
Follow Julian
GREEK bond yields fell to fresh four-year lows yesterday, a day after the country’s lenders agreed to release the next tranche of its bailout programme.

Signs of lower borrowing costs have prompted Greek finance minister Yannis Stournaras to say that his government could start to issue new long-term bonds for the first time in four years.

The Mediterranean state’s 10-year bond yields were at around 6.43 per cent last night. The yields were an eye-watering 36 per cent just over two years ago.