30 Jul 2009 19:31

Russian Eurobonds posts gains following stabilizing oil prices

MSOCOW. July 30 (Interfax) - Russian Eurobonds posted gains on Thursday following stabilization of oil prices and the improving situation on the stock market.

By 6:53 pm Moscow time, Russia-30 had increased by 44 basis points to 100.29% with yield at 7.45%.

By 6:52 pm Moscow time, UST-10 had decreased by 34 basis points to 95.28% with yield at 3.7%, up from 3.66% on Wednesday.

Spread between benchmark Russia-30 and UST-10 narrowed by this time to 375 basis points.