Bank of Israel launches corporate bond purchases

The Bank of Israel
David Vaaknin

The Bank of Israel has joined a growing number of central banks turning to corporate bond purchases to boost their monetary easing programmes.

For the first time, the Bank of Israel will buy corporate bonds in the secondary market, up to a total of 15 billion shekels ($4.3 billion).

“According to the research department’s updated macroeconomic forecast, the negative impact on economic activity will continue to be notable,” governor Amir Yaron told press on July 6. The central bank cut its

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