17 Nov 2014 18:00

Russian Eurobonds under pressure on Monday

MOSCOW. Nov 17 (Interfax) - Russian Eurobonds demonstrated a notable fall on Monday, caused by the conflicting results of the G20 summit, which ended on Sunday in Brisbane, Australia.

US Treasuries did not undergo any significant changes and sovereign spread substantially widened.

Russia's benchmark 2030 bond fell 37 basis points by 5:30 p.m. Moscow time to 110.06%, yielding 5.28% p.a., up 8 basis points from previous closing.

Ten-year US Treasuries rose by 14 basis points to 99.51%, yielding 2.99% p.a., down 1 bp from previous closing.

Spread in yield between Russia-30 and UST10 widened 9 bps to 297 bps.