Debt Investors
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Bezeq Group Financial Debt
(NIS billions)
Debt Terms (NIS millions, as of June 30, 2026)
| Source | Principal | Currency | Linkage | Type of Interest | Average Interest Rate | Interest Rate Range in 2024 |
|---|---|---|---|---|---|---|
| Banks | 767 | NIS | Unlinked | Fixed | 4.42% | 3.31% - 5.33% |
| Banks | 700 | NIS | Unlinked | Variable, based on the prime interest rate | 5.71% | 5.36% - 6.03% |
| Non-bank sources | 3,910 | NIS | Unlinked | Fixed | 4.32% | 2.79% - 3.64% |
| Non-bank sources | 2,399 | NIS | CPI | Fixed | 1.83% | 0.58% - 1.7% |
Summary of Financial Undertakings as of June 30, 2026 (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 | 298,441 | 280,529 | 126,024 | 704,964 |
| Second year | 298,411 | 280,529 | 111,974 | 690,914 |
| Third year | 298,411 | 280,529 | 97,924 | 676,864 |
| Fourth year | 298,411 | 280,529 | 83,874 | 662,814 |
| Fifth year and thereafter | 935,128 | 2,308,255 | 241,672 | 3,485,055 |
| Total | 2,128,772 | 3,430,371 | 661,468 | 6,220,611 |
Private Notes and Other Non-Bank Credit (Bezeq Fixed-Line)
| Year | CPI Linked | Unlinked | Interest | Total Principal and Interest |
|---|---|---|---|---|
| First year | - | 170,000 | 15,507 | 185,507 |
| Second year | - | 130,000 | 9,668 | 139,668 |
| Third year | - | 90,000 | 5,725 | 95,725 |
| Fourth year | - | 90,000 | 2,459 | 92,459 |
| Fifth year and thereafter | - | - | - | - |
| Total | - | 480,000 | 33,359 | 513,359 |
Credit from Israeli Banks (Bezeq Fixed-Line)
| Year | CPI Linked | Unlinked | Interest | Total Principal and Interest |
|---|---|---|---|---|
| First year | - | 191,500 | 71,619 | 263,119 |
| Second year | - | 248,500 | 62,483 | 310,983 |
| Third year | - | 336,700 | 47,900 | 384,600 |
| Fourth year | - | 282,700 | 30,590 | 313,290 |
| Fifth year and thereafter | - | 407,600 | 17,701 | 425,301 |
| Total | - | 1,467,000 | 230,293 | 1,697,293 |
Total Debt - Bezeq Fixed-Line
| Year | CPI Linked | Unlinked | Interest | Total Principal and Interest |
|---|---|---|---|---|
| First year | 298,411 | 642,029 | 213,150 | 1,153,590 |
| Second year | 298,411 | 659,029 | 184,125 | 1,141,565 |
| Third year | 298,411 | 707,229 | 151,549 | 1,157,189 |
| Fourth year | 298,411 | 653,229 | 116,923 | 1,068,563 |
| Fifth year and thereafter | 935,128 | 2,715,855 | 259,373 | 3,910,356 |
| Total | 2,128,772 | 5,377,371 | 925,120 | 8,431,263 |