Auction results of OFZ № 29012RMFS 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 № 29012RMFS (maturity date 16 November, 2022);

-       notional amount offered: RUB 10.000 bn;

-       notional bid amount: RUB 6.950 bn;

-       notional amount placed: RUB 4.137 bn;

-       net proceeds: RUB 4.483 bn;

-       cut-off price: 103.3000%;

-       yield at cut-off price: 9.70%[*];

-       weighted average price: 103.3933%;

-       yield at weighted average price: 9.68%*.

                           


[*]* According to the MOEX methodology coupon rates for unassigned coupons are assumed to be equal to the latest known coupon