Auction results of OFZ № 25083RMFS placement
on 15 November, 2017

Ministry of Finance of the Russian Federation hereby announces the results of
the auction of 15 November 2017:

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

-       notional amount offered: RUB 10.000 bn;

-       notional bid amount: RUB 29.508 bn;

-       notional amount placed: RUB 10.000 bn;

-       net proceeds: RUB 9.902 bn;

-       cut-off price: 98.3300%;

-       yield at cut-off price: 7.61%;

-       weighted average price: 98.3468%;

-       yield at weighted average price: 7.60%.