LONDON, Nov 25 (Reuters) - Israel's longer-dated U.S.
Dollar bonds rallied on Monday, Tradeweb data showed.
The 2060 maturity gained the most, adding 1.6 cents to bid
at 67.97 cents by 1544 GMT, its highest since early October.
A senior Israeli official said that Israel's cabinet would
meet on Tuesday to weigh a ceasefire deal with Hezbollah that
could be cemented in coming days.
The country's central bank on Monday also left interest
rates unchanged for the seventh straight meeting, saying
inflation remains high but that military conflicts are keeping
economic growth weak.
Israel's five-year credit default swap - a measure of the
cost of insuring government debt against default - also dipped
two basis points to 120 bps, on track to close at their lowest
in nearly six months according to S&P Global Market
Intelligence.