Auction results of OFZ № 26222RMFS placement
on 29 November, 2017

Ministry of Finance of the Russian Federation hereby announces the results of
the auction of 29 November 2017:

-       bonds offered: OFZ № 26222RMFS (maturity date 16 October, 2024);

-       notional amount offered: RUB 16.192 bn;

-       notional bid amount: RUB 42.624 bn;

-       notional amount placed: RUB 16.192 bn;

-       net proceeds: RUB 16.085 bn;

-       cut-off price: 98.5600%;

-       yield at cut-off price: 7.50%;

-       weighted average price: 98.6532%;

-       yield at weighted average price: 7.49%.