Russian Eurobond prices consolidate on Wednesday
MOSCOW. Aug 19 (Interfax) - Russian Eurobonds traded sideways on Wednesday and US Treasuries held steady, leaving the spread between the two benchmark issues virtually unchanged.
Russia-30 was down 3 basis points by 5:40 p.m. Moscow time to 117.04%, yielding 3.62% p.a., up 1 b.p. from previous closing.
Ten-year US Treasuries were down 9 b.p. at 98.18%, yielding 2.21% p.a., 2 b.p. higher.
Spread in yield between Russia-30 and UST10 narrowed 1 b.p. to 141 b.p.