Russian Eurobonds continue to gain owing to increasing interest in risk
MOSCOW. May 18 (Interfax) - Russian Eurobonds continued to post gains on Tuesday as interest in risk picked up among investors since 8.5 billion euro in Greek Eurobonds are approaching maturation.
By 6:25 pm Moscow time, Russia-30 had increased by 83 basis points to 113.64% with spread at 5.23%, slipping from 5.34% on Monday.
By the same time, UST-10 had gone up by 28basis points to 100.38% with yield at 3.45%, down from 3.49%.
Spread between Russia-30 and Ust-10 narrowed by seven basis points to 178 basis points.