BR100 Increased By (1.9%)
BR30 Increased By (1.3%)
KSE100 Increased By (1.66%)
KSE30 Increased By (1.87%)
AGHA 7.46 Increased By ▲ 0.01 (0.13%)
BECO 5.27 Increased By ▲ 0.03 (0.57%)
BML 57.26 Increased By ▲ 0.52 (0.92%)
BOP 34.75 Increased By ▲ 1.05 (3.12%)
CNERGY 11.06 Increased By ▲ 0.05 (0.45%)
CSIL 5.83 Decreased By ▼ -0.03 (-0.51%)
FCCL 56.42 Increased By ▲ 1.28 (2.32%)
FFL 16.41 Increased By ▲ 0.31 (1.93%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.32 Increased By ▲ 0.06 (0.83%)
KOSM 6.15 Increased By ▲ 0.14 (2.33%)
LOTCHEM 27.12 Increased By ▲ 0.21 (0.78%)
MLCF 97.94 Increased By ▲ 2.01 (2.1%)
NBP 206.88 Increased By ▲ 3.60 (1.77%)
NCPL 56.42 Increased By ▲ 0.69 (1.24%)
NPL 65.77 Increased By ▲ 0.72 (1.11%)
OGDC 316.30 Increased By ▲ 2.19 (0.7%)
PACE 10.87 Increased By ▲ 0.38 (3.62%)
PAEL 42.30 Increased By ▲ 0.38 (0.91%)
PIBTL 16.78 Increased By ▲ 0.04 (0.24%)
PPL 220.69 Increased By ▲ 2.97 (1.36%)
PRL 63.65 Increased By ▲ 0.95 (1.52%)
PTC 71.82 Increased By ▲ 0.36 (0.5%)
SSGC 27.08 Increased By ▲ 0.34 (1.27%)
TBL 9.72 Increased By ▲ 0.06 (0.62%)
TELE 8.73 Increased By ▲ 0.25 (2.95%)
TPL 19.40 Decreased By ▼ -0.58 (-2.9%)
TPLP 14.78 Decreased By ▼ -0.16 (-1.07%)
TREET 23.40 Increased By ▲ 0.33 (1.43%)
TRG 61.41 Increased By ▲ 0.74 (1.22%)

imageLONDON: The yield on Greece's 10-year government bond rose to its highest level in almost three months on Tuesday, amid concerns about the country's ability to push forward with key reforms.

Greek 10-year government bond yields rose 18 basis points to 8.765 percent, their highest since mid-September.

"It's becoming more and more obvious that the new government will run into problems getting reforms through parliament," said Bayerische Landesbank rate strategist Norbert Wuthe.

"Social and political resistance is growing and there is a fear that's reflected in the local press that there could be new elections very soon."

Greek Prime Minister Alexis Tsipras said on Monday the International Monetary Fund was not playing a constructive role in Greece's bailout and should make up its mind whether it wants to stay in the programme.

Copyright Reuters, 2015

Comments

Comments are closed for this article.