Auction results of OFZ № 26221RMFS 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 № 26221RMFS (maturity date 23 March, 2033);

-       notional amount offered: RUB 10.000 bn;

-       notional bid amount: RUB 48.442 bn;

-       notional amount placed: RUB 10.000 bn;

-       net proceeds: RUB 10.083 bn;

-       cut-off price: 100.6565%;

-       yield at cut-off price: 7.77%;

-       weighted average price: 100.6802%;

-       yield at weighted average price: 7.77%.