16 Jul 2009 18:32

Russian Eurobonds make downward correction

MOSCOW. July 16 (Interfax) - Russian Eurobonds posted a downward correction after two days of gains. Trading activity for Thursday remained low.

By 5:48 pm Moscow time, Russia-30 had dropped by 23 basis points to 98.72% with yield at 7.73%.

By 5:50 pm Moscow time, UST-10 had increased by 96.5% with yield at 3.55%, down from 3.61%.

Spread between Russia-30 and UST-10 by that time had expanded by 10 basis points to 418 basis points.