January 10, 2018 / 8:53 AM / 5 months ago

Israel opens books on dual-tranche benchmark

LONDON, Jan 10 (IFR) - Israel has started marketing 10-year and 30-year US dollar bonds, according to a lead.

The sovereign is offering notes due January 2028 at 90bp area over Treasuries, and January 2048s at Treasuries plus 145bp area.

The total deal size is expected to be US$2bn.

Books are open for today’s business via Citigroup, Deutsche Bank and Goldman Sachs.

Israel is rated A1/A+/A+. (Reporting by Robert Hogg; editing by Sudip Roy)

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