UBRD Pays Coupon Yield on Bonds

UrBC, Moscow, April 17, 2017. The Ural Bank for Reconstruction & Development (UBRD) paid its eighth coupon yield on BO 5 Series bonds on April 14; the bond investors received 179.51m RUR in coupon yield altogether, the bank’s press service reports.

The interest rate comes to 12% a year, which amounts to 59.84 RUR per share with face value of 1,000 RUR. The next coupon yield repayment has been scheduled for October 2017.

The bank went through with its two-million BO 5 Series bond issue (total face value: 2bn RUR) in April 2013. In September 2014, the UBRD also had an additional bond issue with total face value of 1bn RUR. The entire amount is to be redeemed by April 10, 2020.


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