TradeWeb data showed that Russia’s bonds, due in June 2047 and September 2043, fell between 0.5 and 0.7 cents in the dollar.
The trend of risk aversion was also evident in the ruble’s weakness, which fell 1.6 percent against the dollar, to 78.60.
Among other oil producers, Angola’s dollar bonds maturing in November 2025 decreased by 0.8 cents, and Saudi Arabia’s issuances due in October 2046 and October 2047 fell by 0.7 cents.
It’s worth noting that Russia’s production of oil and gas condensate increased to 9.93 million barrels per day in September from 9.86 million barrels per day in August, Interfax news agency reported, citing data from the Energy Ministry.
In tons for the month, production of oil and gas condensate reached 40.65 million tons in September, compared with 41.7 million tons in August, which is a day higher.