URSA Bank makes 28.425 million RUR worth of coupon payments

URSA Bank made 28.425 million RUR worth of coupon payments on its second bond issue, the spokesperson for the bank says.

The coupon yield was determined at 7.6% a year, with the payments thus coming to 18.95 RUR per bond.

URSA Bank went through with a 1.5-billion-ruble bond issue at MICEX on December 16, 2005; the issue was coordinated by Dresdner Bank. The bonds are to be in circulation for three years and will be fully retired on December 12, 2008.