5 Mar 2015 18:28

Russian Eurobonds gain on oil

MOSCOW. March 5 (Interfax) - Russian Eurobonds are gaining markedly on Thursday as oil prices rise.

Russia's benchmark 2030 bond had risen 35 basis points in price by 6:05 p.m. Moscow time to 107.27%, yielding 5.77% p.a., down 8 bps from the previous closing.

Ten-year US Treasuries were down 11 basis points to 98.84%, yielding 2.13% p.a., up 1 bp.

Spread in yield between Russia-30 and ten-year UST narrowed 9 bps wider to 364 bps.