URSA Bank pays 209.4 million RUR on bond coupons

URSA Bank paid its investors 209.4 million RUR worth of coupon yield on the bank’s seventh bond issue. The bank went through with this five-billion-ruble bond issue (serial number 40700323 В) on July 26, 2007; the bonds are to be in circulation for five years. The issue was coordinated by Renaissance Capital and Deutsche Bank.

The coupon yield was determined by the 8.4% annual interest rate (41.88 RUR per each bond).