27 Mar 2012 18:08

Russian Eurobonds practically unchanged on Tuesday

MOSCOW. March 27 (Interfax) - Russian Eurobonds went practically unchanged on Tuesday, while U.S. Treasuries also demonstrated unpronounced dynamics, resulting in a very slight narrowing of sovereign spreads.

Russia's benchmark 2030 bond was up 14 basis points from Monday's closing at 5:35 p.m. Moscow time to 118.43%, yielding 4.15% p.a. (compared to 4.18% p.a. the day before).

Ten-year US Treasuries rose 19 bp to 97.97%, yielding 2.23% p.a. (2.25% p.a.).

Spread in yield between these and UST10 narrowed just 1 bp to 192 bp.