June 3, 2020 / 6:29 AM / a month ago

Israel's Bank Leumi to issue up to 2.6 bln shekels in bonds

JERUSALEM, June 3 (Reuters) - Israel’s Bank Leumi said on Wednesday it would issue up to 2.6 billion shekels ($750 million) in bonds on the Tel Aviv bourse.

The CPI-linked bonds will have a fixed annual interest rate of 1% with a maturity date of September 2023, the bank said in a regulatory filing. ($1 = 3.4689 shekels) (Reporting by Ari Rabinovitch; Editing by Tova Cohen)

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