December 20, 2018 / 4:50 PM / a month ago

Israel Discount Bank accepts pre-commitments of 1.5 bln shekels in bond sale

JERUSALEM, Dec 20 (Reuters) -

* Israel Discount Bank said on Thursday it accepted pre-commitments from institutional investors worth 1.5 billion shekels ($398.5 million) in the first phase of an offering for two series of bonds.

* Discount, Israel’s fourth-largest bank, said demand for the offering reached 3.2 billion shekels.

* ($1 = 3.7643 shekels) (Reporting by Steven Scheer)

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