18 May 2011 19:53

Russian Eurobond prices higher on Wednesday

MOSCOW. May 18 (Interfax) - Russian Eurobond prices gained on Wednesday and the spread to US Treasuries narrowed.

As of 6:40 p.m. Moscow time on Wednesday, the benchmark Russia-30 was up 7 basis points to 117.56% of par with yield at 4.5%, down from 4.51% on Tuesday.

The UST-10 was down 25 basis points to 99.81% with yield at 3.15%, up from 3.12%.

The spread between the Russia-30 and UST-10 narrowed 4 basis points to 135 basis points.