24 Mar 2010 19:24

Russian Eurobonds make downward correction, spread with US Treasuries unchanged.

MOSCOW. March 24 (Interfax) - Russian Eurobonds on Wednesday went down following a decrease of US Treasuries as large initial placements took place.

By 6:10 pm Moscow time, Russia-30 had dropped by 43 basis points to 115.44% with yield at 4.95%, up from 4.89% on Tuesday. By the same time, benchmark UST-30 had decreased by 63 basis points to 98.84% with yield at 3.76%, up from 3.69% on Tuesday.

Spread between Russia-30 and US Treasuries went unchanged at 119 basis points.