Thursday February 6 2025

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General

Country: Israel

Link: https://tinyurl.com/9pj9n3s6




On 6th February 2025, the Tel Aviv Stock Exchange (TASE), the Accountant General Department at the Ministry of Finance and the Bank of Israel jointly published a call for proposals to assess the feasibility of developing and advancing a Repo (Repurchase Transactions) market in Israel.

In Israel, this market remains limited and underdeveloped. Therefore, the joint taskforce considers it essential to identify challenges and barriers and promote solutions that will enable the development of a sophisticated Repo market in Israel.

This call for proposals seeks input on key issues including barriers, preferred mechanisms for connecting Repo transactions, assets with potential to serve as collateral for Repo transactions in Israel, the contribution of Repo transactions to liquidity solutions in both Israeli Shekels and foreign currencies, preferred operational models, and other relevant issues.

Click on the above link for further information