The bond market moved today (13/9) with a focus on tonight's Moody's verdict. The international rating agency is expected to announce its assessment of the Greek economy today.

It is recalled that Moody's is the only international rating agency that maintains the credit rating of our country, one grade (at Ba1) below the investment grade. In contrast, DBRS, Fitch, S&P, and Scope have already classified the Greek market in the investment grade category.

The last upgrade of Greece by Moody's was about a year ago, at that time raising its credit rating by two notches. However, buying interest in Greek bonds remains strong, with the spread over German bonds remaining below 1%.

Today in the secondary market and more specifically in the Electronic Trading System of the Bank of Greece (EDAT), 113 million euros of transactions were recorded, of which 27 million euros related to buy orders. The yield of the Greek 10-year bond was 3.13% compared to 2.145% for the corresponding German bond, resulting in a spread of 0.98%.