15 Jan 2015 18:33

Russian Eurobonds continue stable growth

MOSCOW. Jan 15 (Interfax) - Russian Eurobonds are again demonstrating strong growth, seemingly bouncing back from rising oil prices.

US Treasuries rose, but not as notably. Sovereign spread narrowed markedly.

Russia's benchmark 2030 bond had jumped 98 basis points in price by 6:05 p.m. Moscow time to 102.29%, yielding 6.94% p.a., down 24 bps from the previous closing.

Ten-year US Treasuries were up 38 basis points to 103.9%, yielding 1.81% p.a., down 5 bps.

Spread in yield between Russia-30 and UST10 narrowed 19 bps to 513 bps.