Russian Eurobonds trade sideways amid UST stability
MOSCOW. Feb 9 (Interfax) - Prices for the majority of Russian Eurobonds did not demonstrate pronounced movement up or down on Thursday against the backdrop of a relatively stable situation for US Treasuries.
Russia's benchmark 2030 bonds was down just 3 basis points in price from previous closing by 6:15 p.m. Moscow time to 120.2%, with yield virtually unchanged at 2.38% per annum. Four-year US Treasuries were down 12 bps from previous closing at 101.14%, yielding 1.53%, up 4 bps. Spread between Russia 30 and UST4 narrowed 4 bps to 85 bps.
Russia's 2043 bond was down 13 bps to 113.62% with yield up 1 bp at 4.95%; the 2042 bond was down just 1 bp at 109.74% yielding 4.94%; the 2026 bond was up 20 bps at 104.02% yielding 4.22%, down 2.5 bps; and the 2023 bond was up 16 bps at 107%, with yield at 3.67%, also down 2.5 bps.