October 1, 2014. The Ural Bank for Reconstruction & Development keeps meeting its obligations towards its bondholders in full accordance with the agreements. On September 30, the bank made the payments on the fourth coupon in the BO 1 bond issue. Investors were paid 102.22m RUR all in all, 51.11 RUR per bond. There are 2 million BO 1 bonds currently in circulation, with consolidated face value of 2bn RUR, the bank’s press service reports.

According to the offering memorandum, October 6 is the buy-back offer date (the bonds can be bought out from the BO 1 bondholders if the latter are willing to sell them).

On September 18, the UBRD announced the interest rates for the fifth and sixth coupons: these will stand at 12.5%, or 62.33 RUR per bond with face value of 1,000 RUR. There are three UBRD bond issues in circulation at the moment: BO 1, BO 05, and BO 08, with total face value amounting to 7bn RUR.