Auction results of OFZ № 26221RMFS placement
on 4 October, 2017

Ministry of Finance of the Russian Federation hereby announces the results of
the auction of 4 October 2017:

-       bonds offered: OFZ № 26221RMFS (maturity date 23 March, 2033);

-       notional amount offered: RUB 20.000 bn;

-       notional bid amount: RUB 68.480 bn;

-       notional amount placed: RUB 20.000 bn;

-       net proceeds: RUB 20.879 bn;

-       cut-off price: 99.4510%;

-       yield at cut-off price: 7.91%;

-       weighted average price: 99.5224%;

-       yield at weighted average price: 7.90%.