Israel
-
Foreign investment in Israel ground to a halt when the war with Hamas began in October
-
Bond sales spark questions of who invested and whether issuer was augmenting or replacing public benchmark funding
-
The sovereign issued two new bonds and then tapped one of them
-
Issuers pause deals as Israel-Hamas conflict adds more uncertainty to funding environment
-
New week, new challenge as war in the Middle East adds to uncertainty
-
-
Bond buyers worried as Israel caught out by weekend attack
-
Issuer started around 40bp wider than a fellow Israeli bank, said an off-deal banker
-
$2bn debut will likely be Israel's only benchmark of 2023 but taps or private deals possible
-
Scarce Israeli issuance means that when issuers from the country do come to market, investors pile in
-
Bond adds to already strong CEEMEA supply
-
Scarce issuance from Israel means investors have big demand when deals appear