Ramat Gan to sell NIS 250m. of bonds

The municipality of Ramat Gan will raise NIS 250 million from a municipal bond issue within the next six months.

By SHARON WROBEL
December 26, 2005 07:09

 
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The municipality of Ramat Gan will raise NIS 250 million from a municipal bond issue within the next six months. Ramat Gan will be the first municipality to issue bonds on the basis of rental income from owned offices, which are rented on a free lease. Proceeds from the municipal bond issue will be used for building and developing and operating of public proj

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