13 Dec 2012 17:48

Russian Eurobonds consolidate on Thurs

MOSCOW. Dec 13 (Interfax) - Quotations for Russian Eurobonds on Thursday consolidated while US Treasuries also failed to show movement. As a result, sovereign spreads on yields for base assets practically went unchanged.

By 5:12 pm Moscow time, Russia-30 had decreased by 15 basis points to 127.19% with yield at 2.73%, up from 2.71% on December 12.

By the same time, benchmark UST-10 had decreased by three basis points to 99.28% with yield at 1.7%, unchanged from Wednesday.

Therefore, spread between Russia-30 and Treasuries widened by two basis points to 103 basis points.