Russian Eurobonds relatively stable, sovereign spread slightly narrows
MOSCOW. Oct 4 (Interfax) - The prices of the majority of Russian Eurobond issues on Tuesday did not demonstrate dramatic changes amid stably high oil prices.
US Treasuries slightly fell in price, which led to a slight narrowing of sovereign spreads.
The Russian benchmark 2030 bond by 6:15 p.m. Moscow time was practically unchanged and amounted to 121.52%, yield was unchanged at 2.45% per annum.
Four-year US Treasuries fell by 10 basis points to 102%, yield rose 3 points to 1.08% per annum. So, sovereign spread narrowed 3 bps to 137 basis points.
The 2043 bond fell 14 basis points to 119.88%, yield rose 1 point to 4.58% per annum; the 2042 bond fell 6 basis points to 115.96%, yield only rose 0.5 points to 4.56% per annum; the 2026 bond fell 2 basis points to 107.88%, yield was practically unchanged at 3.77% per annum; the 2023 bond rose 2 points to 110.13%, yielding 3.24% per annum.