5 May 2010 19:36

Russian Eurobonds still sliding on Greek contagion concerns

MOSCOW. May 5 (Interfax) - Russian Eurobonds continued to slide Wednesday on fears that the Greece crisis could spread to other countries in the EU and jeopardize global economic recovery.

Russia's benchmark 2030 bond had plummeted 79 basis points from yesterday's closing price by 6:25 p.m. Moscow time to 112.63%, yielding 5.39% p.a.

Spread in yield between these and ten-year US Treasuries widened another 18 bp to 186 bp.