Ministry of Finance of Russian Federation : Auction results of OFZ № 29012RMFS placement on 25 January, 2017

Auction results of OFZ № 29012RMFS placement on 25 January, 2017

Ministry of Finance of the Russian Federation hereby announces the results of the auction of 25 January 2017:

• bonds offered: OFZ № 29012RMFS (maturity date 16 November, 2022);

• notional amount offered: RUB 20.000 bn;

• notional bid amount: RUB 44.234 bn;

• notional amount placed: RUB 20.000 bn;

• net proceeds: RUB 20.773 bn;

  - cut-off price: 102.1400%;

• yield at cut-off price: 10.50%*;

• weighted average price: 102.2171%;

• yield at weighted average price: 10.48%*.

* According to the MOEX methodology coupon rates for unassigned coupons are assumed to be equal to the latest known coupon