Russian Eurobonds edging down on lower UST
MOSCOW. May 21 (Interfax) - Prices for most Russian Eurobonds are inching down on Monday on the back of prices for US Treasuries, which are swinging back down.
Russia's benchmark 2030 bonds were down 4 basis points from previous closing by 6:15 p.m. Moscow time at 110.65% with yield at 4.26% per annum, 1 bp higher. Four-year US Treasuries fell 4 bps from previous closing to 98.51%, with yield up 2 bps at 2.61%. Spread between Russia-30 and UST4 narrowed 1 bp to 165 bps.
Russia's 2043 bond was down 53 bps at 103.95%, yielding 5.58%, up 4 bps; the 2042 bond was down 42 bps at 101.17%, yielding 5.54%, up 3 bps; the 2026 bond was down 18 bps at 100.12% with yield up 2.5 bps to 4.73%; and the 2023 bond fell 13 bps in price to 102.92% yielding 4.255%, up 2.5 bps.
The new 2047 bond was down 33 bps to 92.74% with yield up 3 bps to 5.77%; and the new 10-year bond maturing in 2027 was down 18 bps at 95.82%, with yield up 3 bps at 4.81%.