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Story summary
- Israel's Finance Ministry raised $6 billion in a bond sale to fund war-related expenses and military rehabilitation.
- Demand totaled $36 billion, a signal of investor confidence, according to Bezalel Smotrich, Israel's Finance Minister.
- The five-, ten-, and thirty-year bonds yielded 0.9%, 1%, and 1.25% above U.S. Treasuries, marking a 34% improvement in spread versus 2024.
- The deal was underwritten by major banks including Bank of America and Goldman Sachs.