Many of our readers ask Wise Money Israel about what the most solid investment one can make in the Israel capital market? Our answer is: Israel government bonds. Backed by the full faith of the State of Israel, the risk of default is minimal. The international credit rating agencies rate …
Israeli Bond Index Yields 7%
The Tel-Bond 60 Index gained 7% in the past 12 months. This index consists of 60 corporate bonds, fixed-interest and CPI-linked, with the highest market capitalization among all the bonds traded on the Tel Aviv Stock Exchange. These bonds are all rated between A- and AAA (the highest rating possible). …
Rating Agency gives Israel an ‘A’
International credit rating agency Fitch left Israel’s sovereign debt rating unchanged at A with a stable outlook, but warned that the country needs to reduce its debt load. Finance Minister Yuval Steinitz received the company’s decision warmly, declaring it a ‘”certificate of honor for Israel, which has shown the strength …
Hi-tech in Israel Update
Israel is World’s Top Investor in Research & Development Israel is the world’s top investor in R&D as a proportion of GDP in 2011, according to the World Competitiveness Index of 59 countries by Switzerland’s IMD Business School. Israel is ranked 17th in competitiveness overall, the same as in 2010. …
Israel’s Rising Interest Rates & GDP
Israel Raises Interest Rate to 3.25% – Cash Earns 2.75% On May 23, the Bank of Israel raised the basic interest rate by 25 basis points to 3.25% due to the rising Israeli inflation rate and to curb the continuing rise of house prices. This means investors will earn 2.75% …
Israeli Oil and Gas Update
Israel considers arbitration over Egyptian gas The supply of gas to Israel, Jordan, Lebanon and Syria was halted a month ago following a terrorist attack on the pipeline near El Arish in the Sinai and has yet to be resumed. There had been a previous attack in February which halted …
Military Technology Continued Success
Pentagon approves Israeli military technology The Pentagon announced plans to purchase four Israeli-developed Iron Dome missile defense systems to help Israel defend the region around Gaza from short-range rockets. The first-in-its-class system is developed by Israeli government defense firm Rafael. Head of the Pentagon’s Missile Defense Agency Lt. Gen. Patrick …
Teva Stock Price Rises
Teva Pharmaceutical, Ltd., traded on the NASDAQ and Tel Aviv Stock Exchanges, has bounced off its two-year low of $45 a share, and is currently trading 11% higher. This rise is likely due to its recent acquisition of a specialty, branded drug-maker Cephalon for $6.8 billion in early May. It …
The Upcoming Dollar Crisis
The dramatic events of the global sub-prime crisis, credit crunch, ensuing tumble of home prices and the stock market in 2008/2009 have damaged many families’ financial situation, shaken their confidence, and caused much anxiety regarding their financial future. Our natural ability to adapt, however, makes us more inclined to “adjust” …
What God Says About Investing in Israel
The idea of investing in Israel, and what benefits you can expect from this investment, is a new idea to most people. It’s something they have never thought about.