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Israel to raise debt abroad after fall in risk premium

Israel's Ministry of Finance is preparing to launch a public offering of dollar-denominated bonds abroad, following a notable decline in the country's risk premium and dollar yield spread. This improved financial environment, coupled with relative geopolitical stability, has created a favorable opportunity for Israel to secure more attractive interest rates on its debt issuance.

Officials have recently engaged with a wide range of international investors, and early indications suggest strong demand for the bonds, which will be offered with maturities of 5, 10, and 30 years. Leading global banks have been selected as underwriters for the offering. While the process is still in its early stages, the total amount to be raised is expected to be similar to last year's issuance, around five billion dollars, reflecting the country's current fiscal needs.

Original article source: https://en.globes.co.il/en/article-israel-to-raise-debt-abroad-after-fall-in-risk-premium-1001531192
Source Id: 9030704822

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