JERUSALEM, March 29 (Reuters) -
* Mizrahi-Tefahot Bank said on Wednesday it
expects to raise more than 2.7 billion shekels ($746 million) in
a bond offering to institutions and the public.
* The bank, Israel's third-largest by assets, said demand
for the expansion of two bond series from institutional
investors reached 4.8 billion shekels. The public stage will
take place in the coming days.
* One series is for 7.2 year bonds that pay 2.73 percent, or
0.84 point above comparable government bonds.
* Another series is for 4.8 year bonds that will pay 1.95
percent, or 0.71 point above comparable government bonds.
* The bonds are rated "AAA" with a stable outlook from
Standard & Poor's Maalot.
* ($1 = 3.6213 shekels)
(Reporting by Steven Scheer)