Russian Eurobonds consolidate for second day in a row
MOSCOW. July 28 (Interfax) - Russian Eurobonds on Tuesday consolidated for the second day in a row as investors settled into their positions in the lead-up to the publication of new U.S. economic stats.
By 5:30 pm Moscow time, Russia-30 had dropped by 11 basis points to 100.48% with yield at 7.41%.
By 5:32 pm Moscow time, UST-10 had increased by 13 basis points to 95.25% with yield at 3.71%, slipping down from 3.72% on Monday.
Spread between Russia-30 and UST-10 had expanded by this time by four basis points to 371 basis points.