Russian Eurobonds gaining on Friday
MOSCOW. May 8 (Interfax) - Russian Eurobonds demonstrated moderate growth on Friday, as US Treasuries demonstrated a similar dynamic.
Russia's benchmark 2030 bond grew 32 basis points by 5:40 p.m. Moscow time to 117.64%, yielding 3.67%, down 7 basis points from previous closing.
Ten-year US Treasuries advanced 57 basis points to 98.98%, yielding 2.12%, down 6 bps from previous closing.
Spread in yield between Russia-30 and UST10 narrowed just 1 basis point to 155 bps.