Debt Investors
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Bezeq Group Financial Debt
NIS billions
Debt Terms (NIS millions)
| Source | Principal | Currency | Linkage | Type of Interest | Average Interest Rate | Interest Rate Range in 2023 |
|---|---|---|---|---|---|---|
| Banks | 699 | NIS | Unlinked | Fixed | 3.43% | 3.20% - 4.30% |
| Banks | 700 | NIS | Unlinked | Variable, based on the prime interest rate | 6.71% | 5.78-6.78% |
| Non-bank sources | 3,621 | NIS | Unlinked | Fixed | 3.04% | 2.79% - 4.00% |
| Non-bank sources | 2,797 | NIS | CPI | Fixed | 1.44% | 0.58% - 2.20% |
Summary of Financial Undertakings as of September 30, 2023 (based on repayment dates)
NIS millions
Notes Issued to the Public (Bezeq Fixed-Line)
| Year | CPI Linked | Unlinked | Interest | Total Principal and Interest |
|---|---|---|---|---|
| First year | 294,966 | 532,490 | 130,202 | 957,658 |
| Second year | 294,966 | 532,490 | 104,276 | 931,732 |
| Third year | 573,347 | 699,444 | 78,351 | 1,351,142 |
| Fourth year | 278,381 | 166,953 | 55,314 | 500,648 |
| Fifth year and therafter | 1,355,099 | 930,900 | 156,532 | 2,442,531 |
| Total | 2,796,759 | 2,862,277 | 524,675 | 6,183,711 |
Private Notes and Other Non-Bank Credit (Bezeq Fixed-Line)
| Year | CPI Linked | Unlinked | Interest | Total Principal and Interest |
|---|---|---|---|---|
| First year | - | 58,333 | 26,387 | 84,720 |
| Second year | - | 70,000 | 24,354 | 94,354 |
| Third year | - | 150,000 | 20,994 | 170,994 |
| Fourth year | - | 170,000 | 15,507 | 185,507 |
| Fifth year and thereafter | - | 310,000 | 17,853 | 327,853 |
| Total | - | 758,333 | 105,095 | 863,428 |
Credit from Israeli Banks (Bezeq Fixed-Line)
| Year | CPI Linked | Unlinked | Interest | Total Principal and Interest |
|---|---|---|---|---|
| First year | - | 186,000 | 71,027 | 257,027 |
| Second year | - | 146,000 | 64,027 | 210,027 |
| Third year | - | 243,500 | 58,988 | 302,488 |
| Fourth year | - | 143,500 | 50,733 | 194,233 |
| Fifth year and thereafter | - | 680,000 | 97,449 | 777,449 |
| Total | - | 1,399,000 | 342,224 | 1,741,224 |
Total Debt - Bezeq Fixed-Line
| Year | CPI Linked | Unlinked | Interest | Total Principal and Interest |
|---|---|---|---|---|
| First year | 294,966 | 776,823 | 227,616 | 1,299,405 |
| Second year | 294,966 | 748,490 | 192,657 | 1,236,113 |
| Third year | 573,347 | 1,092,944 | 158,333 | 1,824,624 |
| Fourth year | 278,381 | 480,453 | 121,554 | 880,388 |
| Fifth year and thereafter | 1,355,099 | 1,920,900 | 271,834 | 3,547,833 |
| Total | 2,796,759 | 5,019,610 | 971,994 | 8,788,363 |