Bank of Israel: Israel’s gross external debt up to $82b in June

The report also noted that at the end of June 2006 Israel was owed $24 billion
 
The Bank of Israel (BOI) reported last week that at the end of June 2006 Israel’s gross external debt rose to $82 billion. The report also noted that at the end of June 2006 Israel was owed $24 billion.
 
On the issue of short terms assets, the BOI noted that Israel’s short-term assets surplus increased by $1.7 billion to $40 billion, mostly due to deposits in foreign bank accounts.
The BOI emphasized, however, that the net surplus in short-term assets was a key factor in assessing Israel’s credit risk. “A short-term assets surplus helps improve Israel’s credit rating,” the banks noted.