Auction results of OFZ № 26214RMFS placement
on 27 September, 2017

Ministry of Finance of the Russian Federation hereby announces the results of
the auction of 27 September 2017:

-       bonds offered: OFZ № 26214RMFS (maturity date 27 May, 2020);

-       notional amount offered: RUB 20.000 bn;

-       notional bid amount: RUB 18.635 bn;

-       notional amount placed: RUB 5.022 bn;

-       net proceeds: RUB 4.986 bn;

-       cut-off price: 97.2000%;

-       yield at cut-off price: 7.72%;

-       weighted average price: 97.2068%;

-       yield at weighted average price: 7.71%.