23 Apr 2015 18:41

Russia-30 Eurobonds trade sideways on Thursday; other issues gain

MOSCOW. April 23 (Interfax) - Russian Eurobonds maturing in 2030 were little changed on Thursday, marking time at about 118% of par, while the prices of other long issues advanced and US Treasuries were little changed. The spread between the two benchmark issues narrowed slightly.

Russia's benchmark 2030 bond rose 5 basis points by 5:45 p.m. Moscow time to 118.1%, yielding 3.61% p.a., down 1 b.p. from previous closing.

Ten-year US Treasuries were down 4 b.p. at 100.14%, yielding 1.99% p.a., 1 b.p. higher.

Spread in yield between Russia-30 and UST10 narrowed 2 b.p. to 162 b.p.