OREANDA-NEWS. April 28, 2012. The week started slow in the Russian currency bond market. In the corporate segment, some unaggressive buying has been seen in VimpelCom-21, VimpelCom-22 (+15 bp), Gazprom-15, Gazprom-17 (+17- 23 bp), and VEB-20 (+17 b.p.). In the sovereign issues, there has been some growth on Russia-28 (+20 b.p.), Russia-30 (+22 b.p.) and Russia-42 (24 b.p.). Spread on Russia-30 over UST10 remained unchanged at 211 b.p, reported the press-centre of Veles Capital. 

Despite the improvement in the external environment, prices of Russia's Eurobonds may continue to move in a sideways trend.

The pressure on the Russian market quotations comes from correction in oil prices (Brent has fallen to USD 118.25 per barrel).