Tel Aviv Stock Exchange Corporate Fact Sheet November 2014

TEL AVIV, Israel, December 4, 2014 /PRNewswire/ --

Fast Facts 

• Market capitalization (Excluding ETNs): 
  • Equities: US$203 billion;  
  • Bonds: US$211 billion 

• Daily Turnover Y-T-D: 
• Equities (Including ETNs): US$328 million; 
• Government Bonds: US$902 million 
• Corporate Bonds (Including ETNs): US$276 million 
• Treasury Bills: US$178 million 
• TA-25 Index Options: 198 thousands of contracts 

• 473 equity companies  
• 47 companies cross-listed abroad 
• 588 index-tracking products (ETN's) 
• 31 series of government bonds 
• 607 series of corporate bonds 
• 74 series of Institutional bonds 
• 1,310 mutual funds
  

     (Logo: http://photos.prnewswire.com/prnh/20130117/588933 )

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-Oct 2014 - 0%
• Bank of Israel interest rate:
  Dec 2014 - 0.25%
• Surplus in balance of payments
• Budget deficit:
  2013: 3.2% of GDP, 2014 (Est.) 3.2%

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 Non-linked - Index Comprises Corporate Bonds Included inTel

Bond-Shekel and Tel Bond-Floating Indices. The eleventh Tel Bond index calculated by TASE will be launched on January 20th, 2015. It is anticipated that the index will include 74 bond series with a 2% weight cap limit, issued by 45 issuers with a market capitalization of approx NIS 50 billion. For more information  

Membership 

The TASE is owned by its members, which comprise the Bank of Israel (Israel's 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.

Dual Listing 

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 43 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.

Globalization  

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.

For further information, you are welcome to visit our website at: 

http://www.tase.co.il  or contact the TASE Marketing and Communications Unit at +(972)76-8160405/6

SOURCE Tel Aviv Stock Exchange (TASE)

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