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Israel set for international bond offering, likely in euros


3 Min Read
JERUSALEM, April 21 (Reuters) - Israel is prepared to tap international markets for a benchmark-sized sovereign debt offering in 2021 with the timing and size still to be determined and dependent on market conditions, the country’s accountant general said.
The issue will most likely be euro-denominated after large dollar-denominated offerings in 2020. Israel typically alternates between dollar and euro every year, and the bonds typically attract a huge number of foreign, thanks to the country’s relatively strong economy.
“We do both dollar and euro but right now the euro market is more attractive,” Accountant General Yali Rothenberg said in response to a question from Reuters on bond issues. ....

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