Graphic Strip - Membership Rules & Regulations

Membership Rules & Regulations

 


The maximum value for collateral purposes

​​The maximum value for collateral purposes of bonds issued by the State of Israel and bonds of the short-term loan type ("Makam") is set according to the methodology set by the TASE Board of Directors. The Values are based on a VaR (Value at Risk) model, in addition were observed extreme cases scenarios which have occurred in the Israeli economy over the past 15 years, that have had an impact on the capital market prices.