Russian Eurobonds, UST slip Wednesday
MOSCOW. April 10 (Interfax) - Russian Eurobonds slipped on Wednesday in reaction to a decline in US Treasuries, resulting in practically unchanged sovereign spreads.
By 6:00 p.m. Moscow time, Russia's benchmark 2030 bond had fallen 15 basis points to 125.37%, yielding 2.97% per annum (2.95% pa on April 9).
Ten-year UST were down 28 bp to 101.94%, yielding 1.78% pa (1.75% pa on Tuesday).
Spread between these and UST was static at 119 bp.