Eurobonds continued to grow

At the auction on Friday, May 28, on the Eurobond market is positive dynamics. The outcome of the Russia-28 production reached the mark of 167.125% of face value (yield - 6.418%). Issue-30 Russia, meanwhile rose to 112.31% of face value (yield - 5.421%). Analysts Promsvyazbank fairly conservative estimate the current developments in the market. Two days of purchase on the market until fall within a rebound after a sharp "drawdown". In addition, U.S. indices have not yet overcome the important resistance levels, which in the short term, may again lead to sales in the absence of significant positive news that could support the optimism of investors. According to experts Ingosstrakh-investment ", the first portion of the published statistics on Friday the U.S. was received with pessimism: revenues increased by 0,4%, while costs have not changed; PCE Core in April rose 0.1%, coinciding with the forecast. Before the opening of markets in the U.S. on Friday was marked by high demand for UST: UST-2 - 0.837% per annum (-5 bp), UST-3 - 1.305% per annum (-5 bp), UST-10 - 3,32% pa (-4.4 bp), UST-30 - 4.222% pa (-3.5 bp).