29 Feb 2016 20:00

Russian Eurobonds slightly higher on oil

MOSCOW. Feb 29 (Interfax) - Prices for Russian Eurobonds moved slightly higher in thin trading on Monday thanks to rising oil prices. US Treasuries were virtually unchanged.

Russia-30 was up 8 basis points from previous closing by 6:20 p.m. Moscow time at 122.06%, yielding 2.41% p.a, down 2 bps.

Five-year US Treasuries were unchanged at 100.38%, yielding 1.15% p.a. Spread in yield between Russia-30 and UST5 narrowed 2 bp to 126 bps.

Russia's 2043 bond rose 66 bps to 99.37% with yield at 5.92%, down 5 bps; the 2042 bond was up 46 bps to 97.33%, with yield down 4 bp at 5.83%; and 2023 was up 12 bps at 103.44%, yielding 4.34%, 1 bp lower.