URSA Bank makes 238 million RUR worth of coupon payments

URSA Bank made 209.4 million RUR worth of first coupon payments on its seventh-issue bonds on January 24, 2008. The coupon yield was determined by the 8.4% annual interest rate, so each bond brought its owner 41.88 RUR. The bank went through with this 5-billion RUR bond issue (40700323 В) on July 26, 2007, and the bonds are to be in circulation for five years. The issue was coordinated by Renaissance Capital and Deutsche Bank.

Apart from that, URSA Bank paid 28.605 million RUR to cover the fourth coupon yield on its sixth-issue bonds. The coupon yield was determined by the 7.65% annual interest rate, so each bond brought its owner 19.07 RUR. The bank went through with this 1.5-billion RUR bond issue (40600323) on April 27, 2006, and the bonds are to be in circulation for two years. The issue was coordinated by the Bank of Moscow.

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