11 Jul 2016 18:48

Russian Eurobonds follow int'l markets up

MOSCOW. July 11 (Interfax) - Most Russian Eurobonds are gaining in price on Monday as the international markets, post gains on the back of Friday's good U.S. jobs market data.

Russia's benchmark 2030 bonds were up 2 basis points from previous closing by 6:15 p.m. Moscow time at 122.22%, yielding 2.28% p.a., down 1 bp from the previous day. Four-year US Treasuries were down 19 bps from previous closing at 102.81%, yielding 0.90%, up 5 bps, and spread in yield between Russia 30 and UST4 narrowed 6 bps to 138 bps.

Russia's 2043 bond grew 49 bps to 118.99% with yield down 3 bps to 4.64%; the 2042 bond rose 60 bps to 115.59%, yielding 4.59%, down 3 bps also; and the 2023 bond rose 5 bps to 109.68% with yield down 1 bp at 3.34% p.a.