29 Feb 2012 18:11

Russian Eurobonds rise on ECB auction results

MOSCOW. Feb 29 (Interfax) - Russian Eurobonds grew Wednesday following the European Central Bank's liquidity auction.

Russia's benchmark 2030 bond was up 29 basis points from yesterday's closing at 5.37 p.m. Moscow time to 119.32%, yielding 4.04% p.a. (compared to 4.09% p.a. yesterday).

Ten-year US Treasuries rose 19 bp to 100.69%, yielding 1.92% p.a. (1.904% p.a. yesterday).

Spread in yield between these and UST10 narrowed 3 bp to 212 bp.