Greek 10-year government bonds fell after Austria said it has yet to release its next aid payment to the nation.
The yield on the Greek security rose 12 basis points to 11.67 percent as of 2:02 p.m. in London.
Austrian Finance MinisterJosef Proell told reporters in Vienna today that Austria won’t release its contribution as Greece hasn’t met its commitments to the European Union, Austrian public broadcaster ORF reported, citing comments after the government’s weekly cabinet meeting.
The December installment of aid would be about 190 million euros ($259 million), ORF said.
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