Auction results of OFZ № 26222RMFS placement
on 31 January, 2018

Ministry of Finance of the Russian Federation hereby announces the results of
the auction of 31 January 2018:

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

-       notional amount offered: RUB 15.000 bn;

-       notional bid amount: RUB 68.317 bn;

-       notional amount placed: RUB 15.000 bn;

-       net proceeds: RUB 15.364 bn;

-       cut-off price: 100.5001%;

-       yield at cut-off price: 7.12%;

-       weighted average price: 100.5219%;

-       yield at weighted average price: 7.12%.