Auction results of OFZ № 24019RMFS placement
on 28 June, 2017

Ministry of Finance of the Russian Federation hereby announces the results of
the auction of 28 June 2017:

-       bonds offered: OFZ № 24019RMFS (maturity date 16 October, 2019);

-       notional amount offered: RUB 10.000 bn;

-       notional bid amount: RUB 16.711 bn;

-       notional amount placed: RUB 5.720 bn;

-       net proceeds: RUB 5.966 bn;

-       cut-off price: 102.2700%;

-       yield at cut-off price: 9.43%[*];

-       weighted average price: 102.3103%;

-       yield at weighted average price: 9.41%*.

                           


[*]* According to the MOEX methodology coupon rates for unassigned coupons are assumed to be equal to the latest known coupon