The state of israel said last Monday that it placed ¥15bn (US$140m) of seven-year bonds privately with a Japanese investor. This is the sovereign's first yen issue since 2001, when it sold ¥20bn of 30-year callable bonds, according to Refinitiv data. Israel also issued ¥20bn of 10-year Samurai bonds in 1997. The statement said the issue was made after investor meetings in Tokyo in June as part of a strategy to expand the country's investor base in Asia and Japan in particular, and that this is the first investment in Israeli government debt for the investor.
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