4 Oct 2017 18:29

Russian Eurobonds gain on appetite for risk

MOSCOW. Oct 4 (Interfax) - Most Russian Eurobonds are gaining in price on Wednesday on higher appetite for risk.

Russia's benchmark 2030 bonds were down 3 basis points from previous closing by 6:15 p.m. Moscow time at 117.83%, with yield at 2.78% per annum, up 1 bp. Four-year US Treasuries were down 2 bps from previous closing at 100.78%, with yield up 1 bp at 1.58%. Spread between Russia 30 and UST4 was unchanged at 120 bps.

But Russia's 2043 bond was up 30 bps at 115.36% yielding 4.83%, down 2 bps; the 2042 bond was up 13 bps at 111.71%, yielding 4.81%, down 1 bp; the 2026 bond was up 8 bps at 101.56% yielding 7.65%, down 1 bp; and the 2023 bond was up 4 bp at 109.09%, with yield unchanged at 3.19%.

The new 2047 bond was up 8 bps to 102.36% yielding 5.09%, down 1 bp; and the new 10-year bond maturing in 2027 was up 16 bps at 101.93%, with yield at 4.01%, down 2 bps.