Russian Eurobond prices decline but spread continues to narrow
MOSCOW. Dec 22 (Interfax) - Russian Eurobonds followed US Treasuries lower on Tuesday, but the spread continued to narrow.
As of 6:10 p.m. Moscow time on Tuesday, the Russia-30 had fallen 27 basis points to 112.72% with yield at 5.41%, up from 5.37% on Monday.
The UST-10 declined 47 basis points to 96.97% with yield at 3.74%, up from 3.68% on Monday.
Spread between the Russia-30 and UST-10 narrowed 2 basis points to 167 basis points.