9 Aug 2012 17:52

Russian Eurobonds post losses following US Treasuries, spread widens

MOSCOW. Aug 9 (Interfax) - Quotations for Russian Eurobonds on Thursday declined while US Treasuries posted less noticeable movement downwards. As a result, this caused widening of spread on yields from base assets.

By 5:22 pm Moscow time, Russia-30 had decreased by 49 basis points to 125.46% with yield at 3.03%, up from 2.96% on August 8.

By the same time, UST-10 had decreased by 13 basis points to 99.28% with yield at 1.7%, up from 1.69% on Wednesday.

Therefore, spread between Russia-30 and UST-10 widened by six basis points to 133 basis points.