Bank of Israel​

Pursuant to the decision by the Telbor Committee, yesterday, on June 30, 2025, the Telbor interest rates for all periods were published for the final time. From here on, the SHIR interest rate will replace the Telbor interest rate as a basis for derivative transactions

In the first quarter of 2025, the balance of the public’s financial assets portfolio increased by approximately NIS 41 billion (1 percent), to about NIS 6.3 trillion.

The Bank of Israel has completed the transition to the ISO20022 standard in the ZAHAV system—a significant step that advances innovation, efficiency, and transparency in Israel’s payment systems, and promotes their stability.

The Composite State of the Economy Index increased in May by 0.11 percent, reflecting a pace of growth that was slower than the long-term average.

In the first quarter of 2025, the balance of nonfinancial private sector debt (both business and household) increased to approximately NIS 2.3 trillion (1.3 percent). The annual growth rate of outstanding debt continued to be positive, at about 6.8 percent in the quarter, although it was lower than the previous quarter’s rate of 7 percent.