Bank of Israel : Nonresidents' investments in Israel and Israelis' investments abroad in November 2013

BANK OF ISRAEL

Office of the Spokesperson and Economic Information

January 5, 2014

Press Release

Nonresidents' investments in Israel, and Israelis' investments abroad in November2013

NONRESIDENTS

Net investmentingovernment bonds and Israeli shares

Bonds and makam: InNovember,nonresidentsmade net investments of about $250millionin government bonds, compared to $150 million in October. This follows net realization of about $2.8 billion in government bonds between May 2013 and September 2013.

Investments in Israeli shares: InNovember, nonresidentsmade net investments ofapproximately $100millionin shareson the Tel Aviv Stock Exchange (TASE). Since the beginning of the year, nonresidents have made net investments of approximately $1.4 billion in shares in Israel, a marked increase over 2012, when net investments totaled only about $400 million.In addition, nonresidents invested about $140million in Israeli shares traded abroad in November, with net investments in this channel totaling about $730 million since the beginning of the year.

Nonresidents' direct investment in Israel: InNovember, nonresidents'netdirect investment in Israeltotaledabout $550 million, including an investment of about $130 million in one holding company.

RESIDENTS

A marked increase in the volume of investment by the business sector and households in shares traded abroad

In November, the three sectors-the business sector, households, and institutional investors-made financial investments (bonds and shares)abroad totaling about $310 million each.

Shares:In November, the business sector invested about $310 million in shares traded abroad, continuing net investments of a similar amount in October. Households also invested about half a billion dollars in shares in the past two months.In contrast, institutional investors lowered their volume of investments in foreign shares in October-November, investing about $150 million in November, after realizing $90 million in October.

Bonds: InNovember, Israeli residents made net investments of about $270 millionin bonds traded abroad, most of which-about $160 million-was by institutional investors.

Direct investments abroad: InNovember,residents realized about $110million, net,in direct investmentsabroad, in one company manufacturing advanced medical instrumentation.