How to calculate risk premium using 10-years bonds?

[Onlyjazztoday]

One of the most popular ways to calculate country risk premium is to substract bond premium of U.S 10 years bond from bond 10 years bond of a risky country.
Can you help me to do this in the right way?
Have little idea how to do that:
The risky bond I need to use in my calculation
http://www.quotenet.com/bond/Russische_FoederationDL-Notes_201323_RegS-B...

 

[dwheats]

Just taking a stab in the dark here, but I think you will have to use the exchange rate and forward rate as well to determine this.
So let:
S = spot rate of USD/RUB
F = forward rate in 1 yr of USD/RUB
r = interest rate on USD
rf = interest rate on RUB
Then the risk premium would be someting like
S(1+r)/F - (1+rf)
This is saying that if you convert 1 RUB to S*(1 USD), and invest at the 10 yr rate, and convert back to RUB at the locked in exchange rate of F, then subtract the interest earned on a 1-yr RUB investment, it will equal to risk premium.
This will account for the differences in things like liquidity, market risk, default risk, etc.