Israel Sells $2 Billion of Dollar Bonds; Rates at Record Low
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Israel raised $2 billion of dollar-denominated bonds, including its first 30-year notes in more than a decade, as the government took advantage of its lowest-ever international borrowing costs.
The country sold $1 billion each of 30-year bonds and 10-year securities, the Finance Ministry said in an e-mailed statement today. The 10-year notes were priced to yield 3.213 percent and 30-year debt 4.588 percent, the cheapest-ever yields on dollar bonds, according to the ministry.