10 Dec 2014 19:32

Russian Eurobonds stop sliding

MOSCOW. Dec 10 (Interfax) - Russian Eurobonds stopped ended a month of decline on Wednesday, but the market is still unstable in view of the continuing slide in oil prices.

US Treasuries hardly altered in price, and sovereign spread was unchanged.

Russia's benchmark 2030 bond had risen 10 basis points by 6:53 p.m. Moscow time to 105.76%, yielding 6.17% p.a., down from 6.19% on December 9.

Ten-year US Treasuries were up 9 basis points to 100.41%, yielding 2.2% p.a., down from 2.21%.

Spread in yield between Russia-30 and UST10 widened was 397 bps.