28 Aug 2009 19:15

Russian Eurobonds consolidate owing to lack of investor ideas

MOSCOW. Aug 28 (Interfax) - Russian Eurobonds on Friday consolidated owing to a lack of new investor impetus.

By 6:35 pm Moscow time, Russia-30 had increased by 36 basis points to 102.82% with yield at 7.02%.

By 6:37 pm Moscow time, benchmark UST-10 had dropped by 10 basis points to 101.3% with yield at 3.47%, up form 3.45% on Thursday.

Spread between Russia-30 and UST-10 had narrowed by eight basis points to 356 basis points.