Israel Officials Meet Investors in London Before Bond Sale

  • Bond sale preparations underway after record sale last March
  • War’s negative impact on Israeli borrowing costs has persisted
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A group of Israel government officials is meeting investors in London this week as the country aims to issue eurobonds in the first quarter, according to people familiar with the matter, who asked not to be named because the meetings are private.

The deal size and borrowing currencies are still not decided, though Israeli officials have indicated that the country could sell a smaller figure than last year’s issuance in global markets as total borrowing is expected to drop. A sale could come in the next weeks, pending market conditions, one of the officials said.