Skip to content
Subscriber Only

Bond Sales Just Keep Coming in Israeli Market Starved of Options

  • Azrieli Set to More Than Double Debt Offer on High Demand
  • Biggest underwriter sees 20-25 billion shekels more in 2016
Updated on

Israel’s flood of corporate debt sales shows little sign of abating, and neither does investor demand.

Companies and financial institutions sold at least $908 million of shekel-denominated debt in June, according to central bank data released Monday. That’s a rebound from May and takes sales this year to about $7.9 billion, near the busiest first half since at least 2003.