Auction results of OFZ № 26221RMFS 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 № 26221RMFS (maturity date 23 March, 2033);

-       notional amount offered: RUB 15.000 bn;

-       notional bid amount: RUB 40.012 bn;

-       notional amount placed: RUB 15.000 bn;

-       net proceeds: RUB 15.781 bn;

-       cut-off price: 102.8201%;

-       yield at cut-off price: 7.52%;

-       weighted average price: 102.8479%;

-       yield at weighted average price: 7.52%.