Eurobonds decline on diminished appetite for risk
MOSCOW. Oct 26 (Interfax) - Prices for the majority of Russian Eurobonds were moderately lower on Wednesday - with the notable exception of the benchmark 2030 issue - on diminished appetite for risk on global markets. US Treasuries also declined.
Russia's 2030 bonds were down just 2 basis points from previous closing by 6:15 p.m. Moscow time at 121.17%, with yield unchanged at 2.46% per annum. Four-year US Treasuries were down 11 bps from previous closing at 101.66%, yielding 1.16%, up 3 bps. Spread between Russia 30 and UST4 narrowed 3 bps to 130 bps.
Russia's 2043 bond fell 83 bps to 115.32% with yield up 5 bps at 4.85%; the 2042 bond was down 83 bps at 111.34% yielding 4.85%, up 6 bp; the 2026 bond was down 43 bps to 106.20% yielding 3.97%, up 6 bps; and the 2023 bond was also down 43 bps to 108.09%, with yield at 3.54%, up 7 bps.
