18 Sep 2015 17:59

Russian Eurobonds gain on Fed rate decision

MOSCOW. Sept 18 (Interfax) - Russian Eurobonds are gaining markedly on Friday, following last night's decision by the U.S. Federal Reserve no to rush interest rate rises.

Russia's benchmark 2030 bonds were up 15 basis points from previous closing by 5:30 p.m. Moscow time to 118.08%, yielding 3.35% p.a., down 3 bps from previous closing. Five-year US Treasuries were up 9 bps to 99.6%, yielding 1.46% p.a., down 2 bps, and spread in yield between Russia 30 and UST5 inched 1 bps narrower to 189 bps.

Russia's 2043 bond was up 73 bps to 98.45%, with yield falling 6 bps to 5.99%; and 2042 grew 72 bps to 95.18%, with yield falling 6 bps to 5.99% also.