4 Aug 2011 18:27

Russian Eurobonds edge up following UST gains, spread widens slightly

MOSCOW. Aug 4 (Interfax) - Quotations for Russian Eurobonds on Thursday moved up slightly following gains posted by US Treasuries.

By 5:35 pm Moscow time, Russia-30 had increased by eight basis points to 120.35% with yield at 3.01%, slipping form 4.02% on Wednesday.

By the same time, benchmark UST-10 had gone up by 35 basis points to 104.66% with yield at 2.58%, down from 2.62% on Wednesday.

Therefore, the spread between Russia-30 and US Treasuries widened by three basis points to 143 basis points.