23 Oct 2012 17:53

Russian Eurobonds post losses following external markets, spread widens

MOSCOW. Oct 23 (Interfax) - Quotations for Russian Eurobonds posted losses on Tuesday owing to negative external market trends. In turn, US Treasuries posted gains as investors fled for quality assets. As result, spreads on yields for base assets widened noticeably.

By 5:15 pm Moscow time, Russia-30 had decreased by 46 points to 127.13% with yield at 2.82%, up from 2.76% on October 22.

By the same time, benchmark UST-10 had increased by 38 basis points to 98.66% with yield at 1.77%, down from 1.81%.

Therefore, spread between Russia-30 and US Treasuries widened by 10 basis points to 105 basis points.