French, German borrowing rates at new all-time lows


FE Team | Published: January 07, 2015 00:00:00 | Updated: November 30, 2026 06:01:00



PARIS, Jan 6 (AFP) : French and German borrowing rates reached new all-time lows on Tuesday amid fears over the prospect of Greece leaving the eurozone.
As of 0830 GMT, France's 10-year debt hit 0.772 per cent on the secondary market, while the German 10-year Bund fell to 0.484 per cent.
"Factors causing the recent risk-off mode are unlikely to fade rapidly," BNP Paribas analysts said in a note.
"Greece and the question of QE (stimulus) are keeping bond markets nervous," it said, adding that the anxiety is likely to persist through January.
At the weekend, the Der Spiegel weekly quoted German government sources as saying that Berlin sees a Greek exit from the eurozone as "almost inevitable" should Greece's radical leftist Syriza party win snap elections on January 25.
Both Chancellor Angela Merkel and her finance minister Wolfgang Schaeuble have come to consider that Greece's departure from the single-currency bloc would be "manageable", the magazine said.

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