The Eurobonds of the Russian Federation rose after Putin’s order to withdraw troops from the borders of Ukraine

The quotes of Russian Eurobonds grew on Monday after the order of Vladimir Putin to withdraw troops participating in the exercises in the Rostov, Belgorod and Bryansk regions.

By 17:10 Moscow time, the price of state Eurobligations RUSSIA-30 jumped at 75 basic points with respect to the closing mark of Friday-up to 114.71% of the face value, which corresponds to 4.45% per annum in terms of profitability (falling on 14 basic points in relation to the previous closure), Finmarket reports .

The cost of American papers increased slightly: 10-year-old Treasuries increased by 15 basic points relative to Friday results, to 99.94% of the face value. The profitability amounted to 2.51% per annum, which is one base point below the previous closure.

According to experts, the withdrawal of Russian troops from borders with Ukraine instilled in investors hope for a quick settlement of the conflict and eventually pushed up the quotes of domestic instruments. At the same time, traders do not believe in the long -term growth of the sector.

Vladimir Putin ordered to withdraw troops from the border territories to their places of constant deployment on the morning of May 19. The Kremlin press service reported that this decision was made "in connection with the completion of the planned spring phase of the training of troops."