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Investment Banking & Investment Services
Financial
Index-linked
Psagot Sal Tel-Bond 60 Series 2 (00A) is an exchange traded note launched by Psagot Exchange Traded Notes Indexes Ltd. The note seeks to track the performance of the Tel Bond 60. The index represents fixed income markets of Israel. It represents 60 corporate bonds rated should be at least (A-) by Maalot, or (A3) by Midroog. The ETN will mature on February 22, 2038. Psagot Sal Tel-Bond 60 Series 2 (00A) was formed on January 24, 2008 and is domiciled in Israel.
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