The Ural Bank for Reconstruction and Development Finance (fully owned by its parent enterprise, the Ural Bank for Reconstruction and Development) made 25.24 million RUR worth of coupon payments on their second bond issue’s ninth coupon. Each 1,000-ruble bond thus yielded its owner 31.16 RUR of profit, the spokesperson for the bank reports.

The issuer determined the interest rates for the ninth, tenth, eleventh, and twelfth coupons at 12.5% a year, or 31.16 RUR per each 1,000-ruble bond. The coupon payments for the tenth, eleventh, and twelfth coupon periods will be made on January 1, 2009, April 2, 2009, and July 2, 2009, respectively.

The Ural Bank for Reconstruction and Development Finance bought out about 30% of its bonds during July’s offer and then traded a portion of them again on the secondary market. There are currently about 81% of the second issue’s bonds in circulation.