The Central Bank of Russia put URSA Bank’s five-billion-ruble bond issue (No. 40700323В) on its pawn list on November 13, 2007. This is going to be the bank’s fifth bond issue to get on this list, preceded by two 1.5-billion-ruble bonds and two 3-billion ruble ones.

Repurchase agreements can be signed as soon as the Central Bank’s letter appears in the bank’s official newsletter and after the bonds are made available at MICEX stock exchange.

URSA Bank went through with the bond issue on July 26, 2007. These will be in circulation for five years.