Bloomberg News

Israel Electric Board to Meet Nov. 8 on Liquidity Gap Review

November 06, 2012

Israel’s Finance Ministry is seeking a solution to gov’t co.’s cash flow gap, according to e-mailed statement late yday. * Yield on 6.5% bond due February 2015 rises 8bps to 4.289% at 11:32am in Tel Aviv, highest since Aug. 16 * Ministry met with co. management yday and will follow auditing activities, correction of deficiencies by co.’s board of directors: statement

To contact the reporter on this story: Sharon Wrobel in Tel Aviv at swrobel4@bloomberg.net

To contact the editor responsible for this story: Alaa Shahine at asalha@bloomberg.net


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