Financial Times: Israel borrows $6 billion for war against Hamas

Photo: © REUTERS/Rick Wilking

Photo: © REUTERS/Rick Wilking

Israeli authorities borrowed about six billion dollars from foreign investors. This money will go towards the war against Hamas, the newspaper writes. Financial Times.

“Israel has raised more than $6 billion in borrowings, including three new bond issues worth $5.1 billion and six additional issues of existing bonds denominated in dollars and euros,” – the article says.

The authors of the publication added that Israel also held another gathering through an American organization. The amount received is one billion dollars.

It is clarified that all bonds were issued as part of a private placement. This means that the securities were not offered publicly, but to specific investors who were selected in advance.

The article also notes that this method was chosen in order to quickly raise money and not draw attention to large military expenditures, which amount to about $51 billion.

Source: Ren

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