Israel raises $200 million in bonds, debt insurance costs surge

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Israel raises $200 million in bonds, debt insurance costs surge
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Watch onLONDON - Israel has raised $200 million from diaspora bond sales since the war with Hamas began, Israel Bonds said in a statement.

"The response across many U.S. states was immediate and demand exceeded the amount of Israel bonds that we were able to sell at that time," Dani Naveh, president at Israel Bonds, said in a statement. The war, and its potential disruption to the economy, pushed the cost of insuring Israel's debt against default to 109 basis points on Wednesday, according to S&P Global Market Intelligence.

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