27 Jan 2014 18:25

Russian Eurobonds little changed on Monday; US Treasuries decline

MOSCOW. Jan 27 (Interfax) - Prices for Russian Eurobonds were little changed on Monday and US Treasuries declined, leading to a slight narrowing of the spread between the benchmark issues.

Russia-30 bonds at 4:30 p.m. Moscow time were down 10 basis points at 116.15% of face value, yielding 4.21% per annum (4.19% on January 24). Benchmark ten-year UST were down 39 b.p. at 99.90% of face value by that time, yielding 2.76% p.a. (2.72% on January 24).

Yield spread between the two issues narrowed 2 b.p. to 145 b.p.