URSA Bank made $7.8m worth of coupon payments on its LPN bond issue coupons. The coupon yield was determined at the interest rate of 12% a year.

The bank went through with its $130m LPN Eurobond issue on June 27, 2006. The bonds are to be in circulation for five years. Ireland-based Sibacadem finance PLC was the issuer, with coordination by Barclays Capital.