14 Mar 2013 17:47

Russian Eurobond prices slowly slide like UST

MOSCOW. March 14 (Interfax) - Prices for Russian state Eurobonds moved a little down on Thursday in tandem with US Treasuries and sovereign spreads on underlying asset yield went unchanged.

Russia-30 bonds were down 5:15 p.m. Moscow time down 29 basis points at 123.14% of face value, yielding 3.20% per annum (3.16% p.a. on March 13). Benchmark ten-year UST were down 34 b.p. at 99.44% of face value by that time, yielding 2.06% p.a. (2.02% p.a. on March 13).

Yield spread between the two issues was unchanged from Wednesday at 114 b.p.