14 Aug 2009 20:07

Russian Eurobonds grow slightly after U.S. confidence stats released

MOSCOW. Aug 14 (Interfax) - Russian Eurobond quotations edged up slightly on Friday following the release of worse-than-expected U.S. consumer confidence statistics after fluctuating in a narrow corridor for most of the day.

As of 7:55 p.m. Moscow time, the Russia-30 had grown 35 basis points to 100.82% with yield at 7.35%.

The UST-10 was up 63 basis points to 100.84% as of 7:58 p.m. with yield at 3.52%, down from 3.6% on the previous trading day.

Spread between the Russia-30 and UST-10 had expanded 2 basis points to 383 basis points as of this time.