Russian Eurobonds post minor gains, US Treasuries also move up
MOSCOW. Nov 28 (Interfax) - Quotations for Russian Eurobonds posted minor gains on Wednesday while U.S Treasuries also moved upwards. As a result, sovereign spreads on yields for base assets went practically unchanged for the day.
By 5:19 pm Moscow time, Russia-30 had increased by six basis points to 127.13% with yield at 2.77%, down from 2.78% on November 27.
By the same time, quotations for benchmark US Treasuries had gone up by 18 basis points to 100.06% with yield at 1.62%, down from 1.64%.on Tuesday.
Therefore, spread between Russia-30 and US Treasuries widened by one basis point to 115 basis points.