The telecommunications provider’s Board of Directors decided to set the annual interest rate for the ninth, tenth, eleventh, and twelfth coupons of the company’s 06 bond issue at 10.5%.

Uralsvyazinform went through with this two-billion-ruble bond issue on November 24, 2005. The interest rate for the first, second, third, fourth, fifth, and sixth coupons was determined at 8.2% a year, that for the seventh and eighth coupons was set at 13% a year. This means that the interest rate for coupons 9-12 is going to be a little lower.

As a matter of fact, the company successfully went through with a new, one-billion-ruble bond issue (BO-1) on November 5, 2009. The interest rate for the first coupon was set at 10.8% a year – a lot less than the issue coordinators had initially planned.