Greek bond yields hit four-month low on name accord

Greek 10-year borrowing costs dropped to a four-month low on Monday after the country's parliament approved a deal last week that changes the name of neighboring Former Yugoslav Republic of Macedonia (FYROM), ending a 28-year row and thereby paving the way for a five-year bond sale.

Greece's Parliament on Friday ratified an accord over the use of the term "Macedonia" that would see the  Balkan state renamed "Republic of North Macedonia," unblocking after decades the ex-Yugoslav republic's aspirations to join the European Union and NATO.

In addition to ending political uncertainty, sources told Reuters earlier this month the Greek debt agency planned to return to bond markets with a five-year syndicated issue once the dispute was resolved.

"In general, Greece has a strong liquidity buffer, but it is always good news if an issuer like Greece is able to enter the...