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Investment Banking & Investment Services
Financial
Index-linked
Tachlit Tel Bond 60 series 2 is an exchange traded note launched by Tachlit Index Sal Ltd. The note seeks to track the performance of the Tel-Bond 60 Index. The index represents the fixed income markets of Israel. It comprises of corporate bonds which are linked to the consumer price index and are rated as at least A- by Maalot or A3 by Midroog. The ETN will mature on June 30, 2049. Tachlit Tel Bond 60 series 2 was formed on February 12, 2008 and is domiciled in Israel.
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