Tradeweb

Turkey's sovereign bond prices rose more than two cents on the dollar on Tuesday as markets waited for President Recep Tayyip Erdogan, the winner of Sunday's presidential election runoff, to decide on a cabinet to run economic policy. 

Greece's benchmark 10-year government bond yield fell below 1 percent for the first time on Wednesday, marking a milestone for a country bailed out three times in the last decade.

The Greek 10-year bond yield fell to as lows as 0.992 percent, Tradeweb pricing showed GR10YT=TWEB, dropping below 1 percent for the first time ever.

Investors piled into bonds of the Former Yugoslav Republic of Macedonia on Monday after Greek lawmakers approved a name change accord which is seen paving the way for the Balkan country to join NATO and possibly the European Union, making it the region's latest turnaround story.

Greece's new 3-billion-euro seven-year bond was down over three points in cash price terms on Friday after further equity market volatility, leaving investors nursing heavy paper losses.

The 3.375 percent trade - the lowest coupon on an outstanding Greek sovereign bond - was bid late morning at 96.16, down from the 99.236 reoffer.

Yields on Greek government bonds rose on Thursday after IFR reported six banks had been hired to arrange Greece's first bond sale in over three years.

The Thomson Reuters market news and data service said late Wednesday Greece had mandated Bank of America Merrill Lynch, BNP Paribas, Citigroup, Deutsche Bank, Goldman Sachs and HSBC for a five-year issue. The banks declined comment.

Greek government borrowing costs hit their lowest level in over five years on Wednesday as Athens looks set to clinch vital bailout loans from its international lenders.

Agrokor, which employs 40,000 people in Croatia and an additional 20,000 in Bosnia and Serbia, suffered two fresh blows on Friday, causing another drop in the value of its bond prices.

Greek government borrowing costs rose to one-month highs on Wednesday after the eurozone's bailout fund said it had put short-term debt relief measures for the country on hold.

The European Stability Mechanism said it had suspended the measures designed to cut Greece's public debt after the government proposed to make a one-off payout to pensioners in December.

Greece's borrowing costs slid on Monday, after a cabinet reshuffle boosted sentiment and the country's prime minister raised the possibility that Greek bonds could be included in the ECB's bond-buying scheme early next year.