17 Nov 2010 19:59

Russian Eurobonds halt slide on Wednesday

MOSCOW. Nov 17 (Interfax) - Russian Eurobond prices halted their slide of the past week and a half, but the spread to US Treasuries still widened slightly.

As of 6:35 p.m. Moscow time on Wednesday, the Russia-30 declined by just 16 basis points to 118.01% of par with yield at 4.51%, up from 4.49% on Tuesday.

The UST-10 rose 28 basis points to 98.41% with yield at 2.81%, down from 2.84%.

The spread between the Russia-30 and UST-10 widened 5 basis points to 170 basis points.