16 Sep 2015 18:12

Russian Eurobonds gain moderately on higher oil

MOSCOW. Sept 15 (Interfax) - Russian Eurobonds are posting moderate gains on the back of oil prices on Wednesday.

Russia's benchmark 2030 bonds were up 20 basis points from previous closing by 5:30 p.m. Moscow time to 117.75%, yielding 3.42% p.a., down 5 bps from previous closing. Five-year US Treasuries were up 7 bps to 98.95%, yielding 1.6% p.a., or 1 bp lower, and spread in yield between Russia 30 and UST5 inched 4 bps narrower to 182 bps.

Russia's 2043 bond was up 34 bps to 97.91%, with yield falling 3 bps to 6.03%; and 2042 gained 43 bps to 94.66%, with yield falling 4 bps to 6.03% also.