OREANDA-NEWS. October 9, 2008. URSA Bank recently launched buy back programs for two of its eurobond issues: USD351m Long Term Participation Notes (LPN) due May 2009 and HUF4.5bn LPNs due September 2009 bonds. As of October 8, 2008, the Bank has repurchased notes of about USD37m at par under these two buy back programs.

These programs are a solid testament to URSA Bank's comfortable liquidity positions, and confirm the Bank's reputation as an investor-friendly partner that offers its investors an opportunity to exchange their holdings in URSA Bank securities into cash even in today's tight liquiduty conditions.