How Israel's external debt is financed

Israel's falling average terms to maturity

Please click on graph to return to main menu.

Israel's falling average terms to maturity of its external debt (Line Graph)
Note 1: In 1998 the guaranteed loan program sponsored by the United States government came to an end. Reinstatement of the program in 2003 was expected and has apparently been approved. Source: United States Government. US Department of State. Press statement by Philip T. Reeker, Deputy Spokesman, 23 June 2003 [online document] (13 June 2004). EARTH's copy available on request.
Note 2: Long debt maturities enhance a government's ability to manage debt by providing more opportunity to raise money as debt issues mature and new money must be raised.
Source: Government of Israel. Ministry of Finance. Government Debt Management Unit. Annual Report 2002. [online document] EARTH's copy is available on request.