23 October 2017
Find out more

Israeli Ministry of Finance selects Bloomberg Auction System

12 July 2005  |  1344 views  |  0 Source: Bloomberg

Bloomberg, the leading global provider of business and financial news and data, today announced that it has been chosen as the primary market auction system for the government's Shekel bonds, as Israel invites applications for Primary Dealers in its domestic bond market for the first time.

The Bloomberg Auction system is available on the Bloomberg Professional(R) service, the all-inclusive desktop solution with 250,000 users worldwide.

The Israeli Ministry Of Finance will join issuers of sovereign debt already benefiting from the automation, transparency and speed of the Bloomberg Auction System. These include government-appointed debt agencies in England, Belgium, Holland, Finland, Iceland, Indonesia, Portugal, South Africa, The Czech Republic and The Republic of Ireland. More details of the Bloomberg Auction System are available to Bloomberg users via AUCS < GO > on the Bloomberg terminal.

Bloomberg's Primary Market Auction system automates all elements of the auction process. Dealers enter their bids directly on their Bloomberg screens. The auction system provides allocation algorithms and allows results to be transmitted to dealers and secondary markets worldwide within seconds.

"Bloomberg is pleased that the Israeli Ministry of Finance has selected the Bloomberg Auction System," according to Russel Levi of Bloomberg. "The Bloomberg Auction System is available to Bloomberg users at no extra charge, as part of Bloomberg's ongoing commitment to add value to the all-inclusive Bloomberg Professional service."

Comments: (0)

Comment on this story (membership required)

Related company news


Related company information


Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.innotribe.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
15317 views comments | 17 tweets | 30 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
13562 views comments | 22 tweets | 28 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
9989 views comments | 12 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9928 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8931 views comments | 9 tweets | 18 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job