Auction results of OFZ № 25083RMFS placement
on 18 October, 2017

Ministry of Finance of the Russian Federation hereby announces the results of
the auction of 18 October 2017:

-       bonds offered: OFZ № 25083RMFS (maturity date 15 December, 2021);

-       notional amount offered: RUB 20.000 bn;

-       notional bid amount: RUB 83.493 bn;

-       notional amount placed: RUB 20.000 bn;

-       net proceeds: RUB 19.814 bn;

-       cut-off price: 98.9000%;

-       yield at cut-off price: 7.43%;

-       weighted average price: 98.9378%;

-       yield at weighted average price: 7.42%.