Russian Eurobonds decline on Monday amid Greece problems
MOSCOW. June 29 (Interfax) - Prices for Russian Eurobonds were trading in negative territory on Monday amid a sharp deterioration in Greece's debt problems, while US Treasuries gained. The spread between the two benchmark issues widened.
Russia-30 was down 14 basis points by 5:40 p.m. Moscow time to 117.23%, yielding 3.67% p.a., up 3 b.p. from previous closing.
Ten-year US Treasuries were up 81 b.p. at 97.77%, yielding 2.38% p.a., 9 b.p. lower.
Spread in yield between Russia-30 and UST10 widened 12 b.p. to 129 b.p.