Bank Leumi completes $1B CoCo bond issuance at record low spread

Key facts

• Bank Leumi completed an international issuance of CoCo bonds.
• The total amount of the issuance was USD 1 billion.
• The issuance achieved the lowest spread in Israeli bank history.
• The bonds were sold to institutional investors.

Bank Leumi announced on June 3, 2026, that it has successfully completed an international issuance of CoCo bonds. The offering, which totaled USD 1 billion, was sold to a range of institutional investors both internationally and within Israel. The issuance achieved a record-low spread for an Israeli bank, indicating strong investor confidence.