💨 Abstract

Israel sold $5 billion in dollar-denominated government bonds in international markets, attracting over 300 investors from 30 countries. This was to reduce its budget deficit and finance war costs. The demand was 4.6 times the amount sold, indicating faith in Israel's economic stability despite ongoing conflicts with Hamas in Palestine and Hezbollah in Lebanon.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖