Oct. 3 (Bloomberg) -- Israel’s Finance Ministry raised 1.4 billion shekels ($373 million) at debt auctions.
The government sold 300 million shekels of 3.5 percent notes due in August 2014 at an average price of 100.81 and 250 million shekels of 4.25 percent notes maturing in August 2016 at an average price of 102.56, according to data from the ministry posted on Bloomberg.
The ministry also sold 250 million shekels of 5.5 percent bonds due in January 2022 at an average price of 109.67, 200 million shekels of 6.25 percent bonds maturing in October 2026 at an average price of 118.7 and 200 million shekels each of two series of inflation linked bonds. The 1.5 percent inflation- linked bonds maturing in June 2014 were sold at an average price of 111.34, while the 2.75 percent consumer-price linked notes due in September 2022 were sold at an average price of 104.23.
The government plans to sell 6 billion shekels of bonds this month.
--Editors: Claudia Maedler, Shaji Mathew
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