Central Bank: No real estate bubble, despite low interest rates

Real estate firms looking for financing with new offerings
The wave of bond offerings on the Tel Aviv Stock Exchange is continuing. This week four firms will try to raise hundreds of millions of shekels in public bond offerings: the real estate firm The Leser Group, Elbit Imaging, the Bank of Jerusalem and the Mendelson firm.

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Central Bank: No real estate bubble, despite low interest rates
The Bank of Israel is worried about the soaring real estate market, but it doesn’t think there’s a bubble, officials have said. And despite the stock market and the real estate market, it won’t be raising interest rates, due to other economic factors.

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