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News Brief

June 19, 2003
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Israel has wrapped up its biggest bond issue in history, a $750 million offering that even attracted investors from the Persian Gulf nation of Dubai. The offering, which spurred $2 billion in demand, drew 200 investors from around the world, Finance Minister Benjamin Netanyahu told a gathering of Israeli and American businesspeople in New York this week. “It is very encouraging to see how quickly the institutional markets have responded” to the Israeli bid, he said.

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