6 Oct 2009 20:00

Russian Eurobonds hit new annual highs on positive external factors

MOSCOW. Oct 6 (Interfax) - Russian Eurobond prices hit new highs for the year on Tuesday and are closing in on their all-time highs on favorable external factors.

As of 6:28 p.m. Moscow time, the Russia-30 rose 137 basis points to 113.345% with yield at 5.36%.

As of 6:30 p.m. the UST-10 was down 16 basis points to 103.22% with yield at 3.24%, up from 3.22% on Monday.

Spread between the Russia-30 and UST-10 narrowed 22 basis points to 213 basis points.