5 Oct 2009 19:53

Russian Eurobonds hit one-month highs on strong demand

MOSCOW. Oct 5 (Interfax) - Russian Eurobond quotations hit highs not seen since the end of August on the back of strong demand.

Russia's benchmark 2030 bond was up 211 basis points by 6:45 p.m. Moscow time to 112.075%, corresponding to yield of 5.55%.

Spread between these and ten-year US Treasuries narrowed 28 bp to 236 bp.