Eurobonds little changed in week amid stable UST
MOSCOW. April 28 (Interfax) - Russian Eurobond prices were little changed in the past week as US Treasures stabilized and amid conflicting external factors.
In the week as a whole Russia's benchmark 2030 bond inched up 0.09% in price to 120.67%. Spread between these and four-year UST narrowed 8 basis points to 82 bps.
The 2043 bond grew 0.08%, the 2042 bond fell 0.07% - spread between these and UST with the same maturity narrowed 8 bps to 244 bps; the 2026 bond rose 0.13% in price; the 2023 bond was up 0.08%, with spread narrowing 11 bps to 152 bps; and 2020 rose 0.16%.
The coming week is unlikely to produce a clear trend on the Russian Eurobond market amid the conflicting signals from the external markets and heightened geopolitical risks, as well as the uncertainty in the run-up to the U.S. Federal Reserve's meeting on May 3, the Interfax Center for Economic Analysis said.