26 Sep 2014 18:56

Russian Eurobonds fall on closing of long positions

MOSCOW. Sept 26 (Interfax) - Russian Eurobonds substantially fell amid the active closing of long positions ahead of the weekend.

US Treasuries fell, but not so significantly. Sovereign spread widened.

Russia's benchmark 2030 bond fell 54 basis points by 6:10 p.m. Moscow time to 112.66%, yielding 4.8% p.a., up 10 basis points from the previous closing.

Ten-year US Treasuries fell 32 basis points to 98.56%, yielding 2.54% p.a., up 4 bps from previous closing.

Spread in yield between Russia-30 and UST10 widened 6 bps to 226 bps.