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October 2014
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Fast Facts
Market capitalization (Excluding
ETNs):
Equities:US$204 billion;
Bonds:US$219 billion
Daily Turnover Y-T-D :
Equities (Including ETNs):
US$332 million;

Government Bonds:US$928
million
Corporate Bonds(Including ETNs):
US$264 million
Treasury Bills: US$182 million
TA-25 Index Options:
196 thousands of contracts

473 equity companies

46 companies cross-listed abroad
590 Exchange Traded Notes (ETN's)
31 series of government bonds
609 series of corporate bonds
73 series of Institutional bonds
1,298 mutual funds

For TASE Monthly Main Indicators

Israel Key
Macroeconomic
indicators

GDP per capita:

2013 US$ 36,200
GDP growth:
2013 - 3.3%, 2014 Est. 2.3%
Inflation:
2013 1.8%, Jan.-Sep. 2014 (0.3%)
Bank of Israel interest rate:
Nov 2014 - 0.25%
Surplus in balance of payments
Budget deficit:
2013: 3.2% of GDP, 2014 (Est.) 3.2%

Equity Market
Prices and Turnover* (US Dollar 2005-10/2014)
* Including off-the-floor transactions
TA-25 Index

Daily Volume

600

600

400

400

200

200
0

0
05

06

07

08

09

10

11

12

13

14

Daily Trading Volume (US $ millions)

TA-25 Index

TA-25 and International Equity Indices

(USD 1/2012-10/2014)
100%
80%
60%
40%
20%
0%

Bond issues by the Corporate Sector

(Billions US Dollars 2005-10/2014)
24
20
16
12
8
4
0
05

06

07

08

09

10

11

12

13

14

Bonds Market Daily Turnover*

(Millions US Dollars 2005-10/2014)
* Including off-the-floor transactions
1500
1000
500
0
05

06

07

08

09

10

11

12

13

14

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October 2014

Tel Aviv Stock

Exchange

Established in September 1953, the Tel Aviv Stock Exchange (TASE) is an efficient
one-stop shop for the securities industry, hosting an increasingly sophisticated range
of products available to investors, including shares, corporate bonds, treasury bills
and bonds, index-tracking products and derivatives. TASE is a fully-automated
exchange with a central order book trading system, providing clearing, settlement and
depository services.

NEWS

New Index: Tel Bond-Floating - The tenth Tel Bond index launched on November
2nd, 2014 and it includes 17 non-linked corporate bonds bearing floating rates with a
total capitalization of approximately $3.6 billion. The bonds are drawn from the TelBond universe, which currently incorporates 277 bonds with a total capitalization of
approximately $64 billion. For more information
Options and Futures on TA-100 Index- The new derivatives join existing products
on a number of underlying assets the TA-25 index, the TA-Banks index, the
ILS/USD exchange rate, the ILS/Euro exchange rate, and 10 individual stocks
included in the TA-100 index. Scheduled to begin trading on Thursday, 29 January
2015. for more information
TASE & Eurex launched TA-25 Futures- TASE & Eurex held 2 events in London
and New York, to introduce the recently launched TA-25 futures in US-dollars which
have been listed in summer at Eurex Exchange.
Attached please find the presentations

Membership

Dual Listing

Globalization

For further information, you are

welcome to visit our website at:

The TASE is owned by its members, which comprise the Bank of Israel (Israels
central bank), 15 banks and 11 investment houses. The banks are supervised by the
Bank of Israel and the investment houses by the TASE. The TASE permits
international banks and investment houses that have no permanent representation in
Israel to become remote members. For the TASE Members' list.
Companies traded in the USA and on the London Stock Exchange (Main Market) can
dual-list their shares on the TASE. Dual-listing, which does not entail significant costs,
imposes no additional regulatory burden and offers continuous trading from 09:45 to
23:00 (Israeli time), for companies listed in the USA. There are currently 42
companies dually-listed on TASE, as well as 4 companies which are cross-listed on
other foreign securities exchanges. For more information about Dual Listing on TASE.
Israel is classified as a "developed market" by MSCI, FTSE and S&P and is included
in the following international indices: MSCI World, MSCI KOKUSAI, MSCI Europe &
Middle East, MSCI EAFE, MSCI EASE, the FTSE All World, FTSE Med-100 indices,
and S&P Developed BMI.
Trading on TASE is conducted through its members, which include Israeli and
international banks and investment houses.

www.tase.co.il or contact the TASE

Marketing and Communications Unit at (972)76-8160405/6

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October 2014