Jerusalem, 7 January, 2026 (TPS-IL) — Israel successfully completed a $6 billion public offering of dollar-denominated bonds, attracting overwhelming international interest, the Finance Ministry announced on Wednesday. The offering included three series of bonds with terms of 5, 10, and 30 years, with spreads of 90, 100, and 125 basis points above comparable US Treasury yields. The weighted spread averaged 102 basis points, a 34% improvement compared to Israel’s 2024 dollar bond issuance.
“The successful fundraising process of the State of Israel in international markets, which has received high demand from institutional investors from all over the world, reflects the resilience of the Israeli economy and the responsible economic management that we have been implementing in recent years and has earned the trust of the markets,” Finance Minister Bezalel Smotrich said.
Demand for the offering reached approximately $36 billion, six times the actual volume of bonds sold. More than 300 institutional investors from over 30 countries participated, including nations that have signed the Abraham Accords with Israel.
Accountant General Yahli Rotenberg, who led the issuance, emphasized the significance of the results amid global uncertainties.
“The results of the offering reflect a return to the levels of margins that preceded the war, and indicate a high level of investor confidence in the Israeli economy. The scope of the offering supports the financing needs of the State of Israel for 2026 and is also a significant tailwind for the local market,” said Accountant General Yahli Rotenberg, who led the issuance.
The bonds were underwritten by Bank of America, Citi, Deutsche Bank, Goldman Sachs, and JP Morgan, following extensive investor meetings in the US, Asia, and Europe.
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