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News Brief

April 23, 2004
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Israel priced $1 billion in U.S. loan guarantees this week, which the global investment firm Lehman Brothers will underwrite. The exact price and yield of the bonds, set during an auction that attracted 14 investment banks, will be published April 25. The notes, due in 2024, are part of the U.S. Loan Guarantee Program administered by the U.S. Agency for International Development.

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