15 Sep 2009 19:52

Russian Eurobonds rise as demand from foreign investors grows

MOSCOW. Sept 15 (Interfax) - Russian Eurobond quotations grew on Tuesday as demand increased from foreign investors.

As of 6:42 p.m. Moscow time, the Russia-30 had increased 119 basis points to 106.155% with yield at 6.45%.

The UST-10 was down 28 basis points to 101.41% as of 6:46 p.m. with yield at 3.45%, up from 3.42% on the previous trading day.

Spread between the Russia-30 and UST-10 had narrowed 23 basis points to 299 basis points as of this time.