26 Nov 2013 18:18

Russian Eurobonds mark time on Tuesday

MOSCOW. Nov 26 (Interfax) - Prices for Russian state Eurobonds moved sideways on Tuesday as US Treasuries marked time. The spread between the two assets barely budged.

Russia-30 bonds at 5:35 p.m. Moscow time were up just 1 basis point at 117.79% of face value, yielding 3.99% per annum (4.00% p.a. on November 25). Benchmark ten-year UST were down 2 b.p. at 100.35% of face value by that time, yielding 2.71% p.a. (2.73% on November 25).

Yield spread between the two issues widened by just 1 b.p. to 128 b.p.