That order of components is exactly what I needed - thanks! I should have said spacers and not washers. I will be using it for the third ring on a triple.
It is supposedly a NOS Stronglight ring (the supplier has quite a few available). If there is only one type of 86 BSD ring I am a little surprised the holes are undersized and disappointed I need to modify. The holes need enlarging 2mm. As the male part of the bolt fits perfectly, could it be possible the ring is designed to fit on the outward side of the spider rather than inward (frame) side for a 3rd ring triple?