Israel sells first yen paper in 18 years
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Emerging MarketsEM Middle East

Israel sells first yen paper in 18 years

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The state of Israel returned to the yen market for the first time in 18 years this week to raise ¥15bn ($140m) of seven year debt. The private placement marks the state’s third visit to the capital markets in 2019 and its first non-euro trade of the year.

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