Auction results of OFZ № 25083RMFS placement
on 6 December, 2017

Ministry of Finance of the Russian Federation hereby announces the results of
the auction of 6 December 2017:

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

-       notional amount offered: RUB 15.000 bn;

-       notional bid amount: RUB 33.155 bn;

-       notional amount placed: RUB 15.000 bn;

-       net proceeds: RUB 15.008 bn;

-       cut-off price: 98.9100%;

-       yield at cut-off price: 7.44%;

-       weighted average price: 98.9815%;

-       yield at weighted average price: 7.42%.