One-hundred and eighteen structured deposits worth an estimated ILS590m (US$150m) were offered to Israeli retail investors in 2016, an increase, both in issuance and sales, from the 103 deposits with sales of ILS525m seen in 2015. The vast majority of products in Israel are linked to equity baskets with a shark fin payoff, according to the SRP Israel database. Investors in structured deposits usually have the choice of currency with products denominated in both Israeli shekel and the US dollar
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