Pace of bond issuance remains steady, MoF confident in reaching its fiscal target

ISRAEL - Report 01 Jul 2024 by Jonathan Katz

1. Private consumption growth has decelerated but the level of consumption remains strong.

2. The pace of government bond issuance remains steady, and the MoF is reporting robust tax revenues in June.

3. We expect a rate-hold decision next week on elevated geopolitical risks.

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