Prices rose and bond yields fell as the week closed with a view to the Fitch verdict on 22 November.

The 10-year bond yield fell today to 3.15% from 3.27% at the end of last week as Athens News Agency reports.

The rise in prices and the subsequent decline in yields were combined with investor interest in the market and relatively high trading volume on the Electronic Trading System.

Next week (22/11), the rating agency Fitch is expected to publish the results of its review of Greece's credit rating, a development that could potentially lead to an upgrade of the economy's outlook as well as an upgrade of the country's credit rating.

It is recalled that Fitch has rated Greece since last June with a BBB- and stable outlook.

Fitch acknowledges that Greece is recording one of the largest debt reductions among the countries it covers, as its fiscal performance is accompanied by satisfactory growth rates. Based on the agency's latest estimates, the growth rate will be 2.3% this year, 2.4% in 2025 and 1.9% in 2026. On the fiscal front, the house expects a deficit at 1% of GDP this year, 0.8% for 2025 and 0.9% for 2026, with debt falling to 153.9% of GDP this year, 147.7% in 2025 and 143.6% in 2026.

The outlook on the public debt front according to Fitch analysts could have a positive impact on the country's credit rating. The country's growth prospects are also moving in this direction.