NONRESIDENTS
Realizations of government bonds and makam
Bonds and makam: In March, nonresidents realized around $320 million net in unindexed government bonds which matured, and sold around $70 million in makam. Preliminary figures for April indicate net investments of about $530 million in government bonds and additional realizations of about $100 million in makam.
Israeli shares: In March, nonresidents invested approximately a net $80 million in shares on the Tel Aviv Stock Exchange (TASE), following net investments of about $550 million in January–February. Preliminary figures for April indicate net investments of about $100 million in TASE-traded shares.
Nonresidents' direct investment: In March, nonresidents' net direct investment in Israel via domestic banks totaled about $500 million, distributed across a range of companies.
RESIDENTS
Continued investment in foreign shares by institutional investors
Shares: In March, net investments by Israeli residents in foreign shares traded abroad totaled about $680 million—of which about $460 million were by institutional investors and about $150 million by households. In the first quarter of the year, institutional investors invested about $2 billion in foreign shares, following investment of about $1.5 billion in the final quarter of 2012.
Bonds: In March, residents sold around a net $30 million in tradable bonds abroad. Investments of about $60 million by institutional investors and households were offset by net sales of about $90 million by the business sector.