Russian Eurobonds again don't change dramatically amid low trading activity
MOSCOW. July 27 (Interfax) - The majority of Russian Eurobonds on Thursday again did not demonstrate dramatic movement, bonds traded in a consolidated range amid reduced trading activity on the market.
Russia's 2030 bonds were up only 3 basis points from previous closing by 6:15 p.m. Moscow time at 122.38%, yielding 2.20% p.a., down 1 bp from the previous closing. Four-year US Treasuries were down 3 bps from previous closing at 102.47%, yielding 0.98%, up 1 bp, and spread in yield between Russia 30 and UST4 narrowed 2 bps to 122 bps.
Russia's 2043 bond rose 4 bps to 114.53% with yield unchanged at 4.9%; the 2042 bond rose 17 bps to 111.35%, yielding 4.85%, down 1 bp; and the 2023 bond rose 18 bps to 108.53% with yield down 3 bps at 3.51% p.a.