26 Jul 2011 18:45

Russian Eurobonds move up slightly following UST gains, spread widens

MOSCOW. July 26 (Interfax) - Quotations for Russian Eurobonds on Tuesday moved up slightly following gains posted by US Treasuries.

By 6:06 pm Moscow time, Russia-30 had increased by 13 basis points to 118.27% with yield at 4.33%, down from 4.35% on Monday.

By the same time, benchmark UST-10 had gone up 31 basis points to 101.34% with yield at 2.97%, down from 3% on Monday.

Therefore, spread between Russia-30 and UST-10 widened by one basis point to 136 basis points.