Russian Eurobonds correct downward a second straight day on Thursday
MOSCOW. Nov 5 (Interfax) - Russian Eurobond prices fell for the second session in a row on Thursday following the steep growth in October amid volatility on global capital markets, resulting in a wider spread between Russia-30 and five-year US Treasuries
Russia-30 was down 5 basis points by 6:18 p.m. Moscow time to 119.15%, yielding 3.23% p.a., up 1 b.p. from previous closing.
Five-year US Treasuries were down 3 b.p. at 98.72%, yielding 1.64% p.a., unchanged from the previous day.
Spread in yield between Russia-30 and UST5 widened 1 b.p. to 159 b.p.