Quarterly report

Coupon (interest) period 
Coupon (interest) yield rate 
Commencement date 
Completion date 
 
 
1. Coupon: The interest rate for the first coupon – C(1) – shall be determined by holding the tender among the 
potential buyers of the Bonds on the date of the commencement of the Bonds allocation. The manner and condi-
tions of the tender are specified in item 8.3 of the Resolution on the issue of securities and item 2.7 of the Securi-
ties Prospectus. 
Date of the commence-
ment of the Period of the 
first coupon shall be the 
date of the commence-
ment of the Bonds allo-
cation  
Date of the completion 
of the Period of the first 
coupon shall be the 
182
nd
 (One hundred 
and eighty-second) day 
after the date of the 
commencement of the 
Bonds allocation. 
The amount of payments on the first coupon per Bond 
shall be calculated under the following formula:  
К(1)= C(1) * N * (T(1) - T(0))/ 365/ 100 %, where 
K(1) – amount of payments on the first coupon per 
Bond, Rb; 
N – nominal value of one Bond, Rb; 
C(1) –interest rate for the first coupon, interest per 
annum; 
T(0) – date of the commencement of the first coupon 
Period; 
T(1) - date of the completion of the first coupon Pe-
riod; 
2. Coupon: The interest rate for the second coupon – C(2) – shall be fixed to be equal to the interest rate for the 
first coupon. 
Date of the commence-
ment of the Period of the 
second coupon shall be 
Date of the completion 
of the Period of the 
second coupon shall be 
The amount of payments on the second coupon per 
Bond shall be calculated under the following formula: 
К(2)= C(2) * N * (T(2) - T(1))/ 365/ 100 %, where 

 
171
the 182
nd
 (One hundred 
and eighty-second) day 
after the date of the 
commencement of the 
Bonds allocation. 
the 364
th
 (Three hun-
dred and sixty-fourth) 
day after the date of the 
commencement of the 
Bonds allocation. 
K(2) – amount of payments on the first coupon per 
Bond, Rb; 
N – nominal value of one Bond, Rb; 
C(2) –interest rate for the first second, interest per an-
num; 
T(1) – date of the commencement of the second coupon 
Period; 
T(2) - date of the completion of the second coupon Pe-
riod; 
3. Coupon: The interest rate for the third coupon – C(3) – shall be fixed to be equal to the interest rate for the first 
coupon. 
Date of the commence-
ment of the Period of the 
third coupon shall be the 
364
th
 (Three hundred 
and sixty-fourth) day 
after the date of the 
commencement of the 
Bonds allocation. 
Date of the completion 
of the Period of the 
third coupon shall be 
the 546
th
 (Five hundred 
and forty-sixth) day 
after the date of the 
commencement of the 
Bonds allocation. 
The amount of payments on the third coupon per Bond 
shall be calculated under the following formula:  
К(3)= C(3) * N * (T(3) - T(2))/ 365/ 100 %, where 
K(3) – amount of payments on the first coupon per 
Bond, Rb; 
N – nominal value of one Bond, Rb; 
C(3) –interest rate for the third coupon, interest per 
annum; 
T(2) – date of the commencement of the third coupon 
Period; 
T(3) - date of the completion of the first coupon Pe-
riod; 
4. Coupon: The interest rate for the fourth coupon – C(4) – shall be fixed to be equal to the interest rate for the 
first coupon. 
Date of the commence-
ment of the Period of the 
fourth coupon shall be 
the 546
th
 (Five hundred 
and forty-sixth)  day af-
ter the date of the com-
mencement of the Bonds 
allocation. 
Date of the completion 
of the Period of the 
fourth coupon shall be 
the 728
th
 (Seven hun-
dred and twenty-eighth) 
day after the date of the 
commencement of the 
Bonds allocation. 
The amount of payments on the fourth coupon per 
Bond shall be calculated under the following formula: 
К(4)= C(4) * N * (T(4) - T(3))/ 365/ 100 %, where 
K(4) – amount of payments on the first coupon per 
Bond, Rb; 
N – nominal value of one Bond, Rb; 
C(4) –interest rate for the fourth coupon, interest per 
annum; 
T(3) – date of the commencement of the fourth coupon 
Period; 
T(4) - date of the completion of the first coupon Pe-
riod; 
5. Coupon: The interest rate for the fifth coupon – C(5) – shall be fixed to be equal to the interest rate for the first 
coupon. 
Date of the commence-
ment of the Period of the 
fifth coupon shall be the 
728
th
 (Seven hundred 
and twenty-eighth) day 
after the date of the 
commencement of the 
Bonds allocation. 
Date of the completion 
of the Period of the 
fifth coupon shall be 
the 910
th
 (Nine hundred 
and tenth) day after the 
date of the commence-
ment of the Bonds allo-
cation. 
The amount of payments on the fifth coupon per Bond 
shall be calculated under the following formula:  
К(5)= C(5) * N * (T(5) - T(4))/ 365/ 100 %, where 
K(5) – amount of payments on the first coupon per 
Bond, Rb; 
N – nominal value of one Bond, Rb; 
C(5) –interest rate for the fifth coupon, interest per 
annum; 
T(4) – date of the commencement of the fifth coupon 
Period; 
T(5) - date of the completion of the first coupon Pe-
riod; 
6. Coupon: The interest rate for the sixth coupon – C(6) – shall be fixed to be equal to the interest rate for the first 
coupon. 
Date of the commence-
ment of the Period of the 
sixth coupon shall be the 
910
th
 (Nine hundred and 
tenth)  day after the date 
of the commencement of 
the Bonds allocation. 
Date of the completion 
of the Period of the 
sixth coupon shall be 
the 1092
nd
 (One thou-
sand ninety-second) 
day after the date of the 
commencement of the 
Bonds allocation. 
The amount of payments on the sixth coupon per Bond 
shall be calculated under the following formula:  
К(6)= C(3) * N * (T(6) - T(5))/ 365/ 100 %, where 
K(6) – amount of payments on the first coupon per 
Bond, Rb; 
N – nominal value of one Bond, Rb; 
C(6) –interest rate for the sixth coupon, interest per 
annum; 
T(5) – date of the commencement of the sixth coupon 

 
172
Period; 
T(6) - date of the completion of the first coupon Pe-
riod; 
7. Coupon: The interest rate for the seventh coupon – C(7) – shall be fixed to be equal to the interest rate for the 
first coupon. 
Date of the commence-
ment of the Period of the 
seventh coupon shall be 
the 1092
nd
 (One thou-
sand ninety-second) day 
after the date of the 
commencement of the 
Bonds allocation. 
Date of the completion 
of the Period of the 
seventh coupon shall be 
the 1274
th
 (One thou-
sand two hundred and 
seventy-fourth) day 
after the date of the 
commencement of the 
Bonds allocation. 
The amount of payments on the seventh coupon per 
Bond shall be calculated under the following formula: 
К(7)= C(3) * N * (T(7) - T(6))/ 365/ 100 %, where 
K(7) – amount of payments on the first coupon per 
Bond, Rb; 
N – nominal value of one Bond, Rb; 
C(7) –interest rate for the seventh coupon, interest per 
annum; 
T(6) – date of the commencement of the seventh cou-
pon Period; 
T(7) - date of the completion of the first coupon Pe-
riod; 
 
8. Coupon: The interest rate for the eighth coupon – C(8) – shall be fixed to be equal to the interest rate for the 
first coupon. 
Date of the commence-
ment of the Period of the 
eighth coupon shall be 
the 1274
th
 (One thou-
sand two hundred and 
seventy-fourth)  day after 
the date of the com-
mencement of the Bonds 
allocation. 
Date of the completion 
of the Period of the 
eighth coupon shall be 
the 1456
th
 (One thou-
sand four hundred and 
fifty-sixth) day after the 
date of the commence-
ment of the Bonds allo-
cation. 
The amount of payments on the eighth coupon per 
Bond shall be calculated under the following formula: 
К(8)= C(3) * N * (T(8) - T(7))/ 365/ 100 %, where 
K(8) – amount of payments on the first coupon per 
Bond, Rb; 
N – nominal value of one Bond, Rb; 
C(8) –interest rate for the eighth coupon, interest per 
annum; 
T(7) – date of the commencement of the eighth coupon 
Period; 
T(8) - date of the completion of the first coupon Pe-
riod; 
 
9. Coupon: The interest rate for the ninth coupon – C(9) – shall be fixed to be equal to the interest rate for the 
first coupon. 
 
Date of the commence-
ment of the Period of the 
ninth coupon shall be 
the 1456
th
 (One thou-
sand four hundred and 
fifty-sixth) day after the 
date of the commence-
ment of the Bonds allo-
cation. 
Date of the completion 
of the Period of the 
ninth coupon shall be 
the 1638
th
 (One thou-
sand six hundred and 
thirty-eighth) day after 
the date of the com-
mencement of the 
Bonds allocation. 
The amount of payments on the ninth coupon per 
Bond shall be calculated under the following formula: 
К(9)= C(3) * N * (T(9) - T(8))/ 365/ 100 %, where 
K(9) – amount of payments on the first coupon per 
Bond, Rb; 
N – nominal value of one Bond, Rb; 
C(9) –interest rate for the ninth coupon, interest per 
annum; 
T(8) – date of the commencement of the ninth coupon 
Period; 
T(9) - date of the completion of the first coupon Pe-
riod; 
 
10. Coupon: The interest rate for the tenth coupon – C(10) – shall be fixed to be equal to the interest rate for the 
first coupon. 
Date of the commence-
ment of the Period of the 
tenth coupon shall be 
1638
th
 (One thousand six 
hundred and thirty-
eighth) day after the date 
of the commencement of 
the Bonds allocation. 
Date of the completion 
of the Period of the 
tenth coupon shall be 
the 1820
th
 (One thou-
sand eight hundred and 
twentieth) day after the 
date of the commence-
ment of the Bonds allo-
cation. 
The amount of payments on the tenth coupon per Bond 
shall be calculated under the following formula:  
К(10)= C(10) * N * (T(10) - T(9))/ 365/ 100 %, where 
K(10) – amount of payments on the first coupon per 
Bond, Rb; 
N – nominal value of one Bond, Rb; 
C(10) –interest rate for the tenth coupon, interest per 
annum; 
T(9) – date of the commencement of the tenth coupon 
Period; 
T(10) - date of the completion of the first coupon Pe-

 
173
riod; 
 
The amount of the payment on any of the coupons per Bond shall be determined to within one kopeck (the round-
up is made according to the mathematical round-up rules. Further, the mathematical round-up rule shall mean a 
round-up method according to each a value of an integer kopeck (integer kopecks) does not change if the first 
digit after the rounded one varies from 0 to 4, and increases by one if the first digit after  the rounded one varies 
from 5 to 9). 
 
The manner and terms of the payment of the bond yield, including the manner and term of the 
yield payment for each coupon. 
 
Coupon (interest) period 
Term (date) of the pay-
ment of the coupon (in-
terest) yield  
Date of the preparation 
of the list of the bond 
holders for the payment 
of the coupon (interest) 
yield  
Date of the 
commencement 
Date of the completion 
 
 
1. Coupon: The interest rate for the first coupon – C(1) – shall be determined by holding the tender among poten-
tial buyers of bonds as of the date of the commencement of the Bonds allocation. The manner and conditions of 
the tender are specified in item 8.3 of the Resolution on the issue and item 2.7 of the Securities Prospectus. 
Date of the commence-
ment of the first coupon 
Period shall be the date 
of the commencement of 
the Bonds allocation. 
 
Date of the completion 
of the first coupon Pe-
riod shall be the 182
nd
 
(One hundred and 
eighty-second) day after 
the date of the com-
mencement of the 
Bonds allocation. 
 
Date of the payment of the 
coupon yield for the first 
coupon shall be the 182
nd
 
(One hundred and eighty-
second) day after the date 
of the commencement of 
the Bonds allocation. 
 
The payment of the Bond 
yield shall be made in 
favor of holders of the 
Bonds being as such as of 
the end of the business 
day of NDC previous to 
the 3
rd
 (Third) business 
day before the date of the 
payment of the yield on 
the Bonds. 
 
Manner of the payment of the coupon (interest) yield: 
The coupon yield on the Bonds shall be made by the payment agent upon the request and at the ex-
pense of the Issuer. 
The bonds yield shall be made in specie in the currency of the Russian Federation in a cashless form 
in favor of Bond holders. It is presumed that nominal holders, depositors of NDC, are authorized to obtain 
funds upon the payment of the Bond yield amount. The fulfillment by the Issuer of its obligations related to 
the payment of the Bonds yield shall be made on the grounds of the list of holders and/or nominal holders, as 
provided by NDC (“List of holders and/or nominal holders”). 
A depositor of NDC not authorized by their clients to obtain funds upon the payment of the Bond 
yield amount due shall submit to NDC, before or at 12:00 a.m. (Moscow time) of the day preceding the 2
nd
 
(Second) business day before the date of the Bond yield payment, the list of Bond holders which shall contain 
all the references specified below in the List of holders and/or nominal holders of the Bonds. 
If the rights of a Bond holder are recorded by a nominal holder of the Bonds and a nominal holder 
of the Bonds is authorized to obtain the Bonds yield amount, the nominal holder shall be presumed to be a 
person authorized to obtain amounts of the Bonds yield.  
If the rights of the Bond holders are not recorded by a nominal holder of the Bonds or a nominal 
holder is not authorized by the holder to obtain the Bonds yield, the Bond holder shall be presumed to be a 
person authorized to obtain the Bond yield.  
On the grounds of the information available or provided by depositors, NDC shall submit the List of 
holders and/or nominal holders of the Bonds to the Issuer and/or the Payment Agent before or on the 2
nd
 
(Second) business day before the date of the Bond yield.  
The list of holders and/or nominal holders of the Bonds shall include the following information: 
a) full name of the person authorized to obtain the Bond yield amounts (surname, name, patronymic 
of a holder for an individual);  
b) number of the Bonds recorded at the deposit account of a person authorized to obtain the Bonds 
yield amounts;  
c) location and postal address of a person authorized to obtain the Bonds yield amounts; 
d) name and references of the banking account of a person authorized to obtain the Bonds yield 
amounts, namely: 
- number of the account; 

 
174
- name of the bank  with which the account is opened; 
- correspondent account of the bank with which the account is opened;  
- banking identification code of the bank with which the account is opened. 
e) taxpayer’s identification number (TIN) of a person authorized to obtain amounts related to the 
Bond yield (if any);  
f) tax status of a person authorized to obtain amounts related to the Bond yield (resident, nonresident 
with a permanent representative office in the Russian Federation, nonresident without a permanent represen-
tative office in the Russian Federation, etc.); 
g) code of the reason of the registration (KPP) of a person authorized to obtain amounts of the reve-
nue and/or yield of the Bonds. 
In addition to the aforesaid information, the nominal holder shall provide NDC with, and NDC shall 
include in the List of holders and/or nominal holders of the Bonds the following information regarding indi-
viduals and legal entities being nonresidents of the Russian Federation, being Bond holders, irrespective of 
whether a nominal holder is authorized to obtain Bond yield amounts or not: 
a) if a Bond holder is a legal entity – nonresident: 
- individual identification number (IIN) ( if any); 
b) if a Bond holder is an individual: 
- kind, number, date and the place of the issue of the identity document of  the holder, name of the is-
suing authority; 
- day, month, and year of birth of the holder; 
- place of the registration and postal address, including postal code, of the holder; 
- tax status of the holder; 
- number of the  holder’s State pension registration certificate (if any); 
- TIN of the holder (if any). 
 
The Bond yield payment shall be made in favor of holders of the Bonds being as such as of the close 
of the business day of NDC previous to the 3
rd
 (Third) business day before the relevant date of the payment of 
the coupon yield on the Bonds (“Date of the preparation of the List of holders and/or nominal holders of the 
Bonds”).The fulfillment of obligations in favor of a holder included in the List of holders and/or nominal 
holders of the Bonds shall be recognized to be proper, including in the event of the transfer of the Bonds after 
the Date of the preparation of the list of holders and/or nominal holders of the Bonds. 
Bond holders (holder), their authorized persons, including depositors of NDC shall provide NDC 
with the required information in a timely manner and independently monitor the completeness and actuality 
of information submitted to NDC. They shall run all the risks connected with the non-submission/delayed 
submission of the information.  
In the event of the failure of aforesaid persons to provide NDC with the said references required for 
the fulfillment by the Issuer of its Bond obligations, the fulfillment of such obligations shall be made in favor 
of a person who claimed the fulfillment of the obligations and being a holder of the Bonds as of the date of 
the claim submission. In this case, the fulfillment by the Issuer of obligations related to the Bonds shall be 
made based on information of NDC. In this case, obligations of the Issuer shall be deemed to have been duly 
fulfilled in full. If references of a banking account or other information required for the fulfillment by the 
Issuer of its obligations under the Bonds, as provided by a holder or a nominal holder or available with the 
Depositary, do not allow the Payment Agent to transfer funds in a timely manner, such delay shall not be con-
sidered as a delay in the fulfillment of obligations under the Bonds and a holder of the Bonds shall not be 
authorized to require the accrual of the interest or other compensation for such delay in the payment. In cases 
provided by the agreement with NDC, the Issuer shall be authorized to require the confirmation of such in-
formation by data related to the rights recorded with regard to the Bond.  
Before or on the 2
nd
 (Second) business day before the date of the Bonds coupon yield payment, the 
Issuer shall transfer the required funds to the Payment Agent’s account.  
On the grounds of the List of holders and/or nominal holders of the Bonds for the yield, as provided 
by the NDC, the Payment Agent shall calculate the amounts of funds due to each of the persons authorized to 
obtain Bonds yield amounts. 
On the date of the Bond coupon yield payment, the Payment Agent shall transfer the required funds 
to accounts of persons authorized to obtain Bond yield amounts, as provided by the List of holders and/or 
nominal holders of the Bonds. 
If a person is authorized to obtain yield amounts under the Bonds by several Bond holders, the ag-
gregate amount shall be amounted to such person without breaking it down by Bond holders.  
If the date of the Bonds yield payment falls on a holiday, whether it is a State holiday or a holiday for 
settlement transactions, the payment of the amount due shall be made on the first business day following the 
holiday. The Bond holder shall be authorized to require the interest accrual or any other compensation for 
such delay in payment.