10 Aug 2009 19:31

Russian Eurobonds continue to slide down as investors lack ideas

MOSCOW. Aug 10 (Interfax) - Russian Eurobond quotations continued to edge down on Monday following major gains last week as investors were waiting for new ideas from the market.

As of 6:25 p.m. Moscow time, the Russia-30 had declined 29 basis points to 100.91% with yield at 7.34%.

The UST-10 was up 6 basis points to 94.19% as of 6:27 p.m. with yield at 3.84%, down from 3.85% on the previous trading day.

Spread between the Russia-30 and UST-10 had expanded 6 basis points to 350 basis points as of this time.