The soft X-ray nova GRS 1739-278 flared up in 1996 near the Galactic c
enter. We present the observations of this interesting source, a black
-hole candidate, with the instruments on board the Mir-Kvant module an
d the RXTE satellite. The TTM data allow the spectrum of the X-ray nov
a to be studied during the rise in its brightness. The source's spectr
um in this period is satisfactorily described by a power law with a gr
adually increasing index. The RXTE spectra after the source passed its
maximum brightness have the appearance that is typical of the high an
d very high states of black-hole candidates; they are described by a t
wo-component model. The broad-band spectra of the source are discussed
in terms of the processes that proceed near an accreting black hole i
n a binary system.