Israel sees 50 year note as key part of ‘strategic issuance plan’

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Israel sees 50 year note as key part of ‘strategic issuance plan’

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ISRAEL, JERUSALEM - OCTOBER 07, 2014: A man with an Israelian flag and his arms raised in front of the western wall in the old city of Jerusalem | Robert Hoetink - stock.adobe.com

Israel sees long dated issuance as an important part of its ‘strategic issuance plan’, according to sources in its Ministry of Finance. Last week, the sovereign returned to the market for a second time in 2019 to extend its euro curve by 20 years, placing its first ever 50 year note through a private placement

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