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Jerusalem Life

| Israel to join key world index of govt bonds

Janglo News    
Thursday, 03 October 12:25 PM
Israel will be added to the FTSE World Government Bond as well as the FTSE World Inflation Linked Securities Index in April, in a move expected to spur a wave of foreign investment in Israeli bonds.

Israeli government shekel bonds will be added to the index on April 1 and are expected to comprise 0.29% of the based on 13 bonds with $68.2 billion in market value, said FTSE Russell, which is owned by London Stock Exchange.

Full Story (Haaretz.com)
         
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