Israel's $3bn success paves path for CEEMEA surge

By Francesca Young
09 Jan 2020

The State of Israel printed a $3bn dual tranche dollar bond on Thursday from a combined book of $20bn, helping to buoy confidence in the CEEMEA market as US-Iran tensions faded. The bond was Israel’s largest ever deal and its tightest price in terms of spread.

“It has been a test of regional confidence,” said a DCM banker on the bond. “But people view Israel as having good knowledge of what is going on with the world, so just them taking the initiative to go ahead in itself sent a signal of confidence and ...

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