Auction results of OFZ № 25083RMFS placement
on 13 December, 2017

Ministry of Finance of the Russian Federation hereby announces the results of
the auction of 13 December 2017:

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

-       notional amount offered: RUB 20.000 bn;

-       notional bid amount: RUB 45.776 bn;

-       notional amount placed: RUB 20.000 bn;

-       net proceeds: RUB 20.076 bn;

-       cut-off price: 99.1120%;

-       yield at cut-off price: 7.38%;

-       weighted average price: 99.1799%;

-       yield at weighted average price: 7.36%.