Israel's Biggest Euro-Bond Offering Was Oversubscribed by 400 Percent

(Bloomberg) Sharon Wrobel - In its first foray into the European debt market in three years, Israel sold 1.5 billion euros ($1.6 billion) in 10-year debt and 750 million euros in 20-year bonds after receiving total demand from investors for 9.8 billion euros, the Israel Finance Ministry said Wednesday. "The success of the sale is a vote of confidence in Israel's economy," Finance Minister Moshe Kahlon said.


2017-01-13 00:00:00

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