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Bank Leumi launches agricultural structured deposit

Bank Leumi of Israel has launched a structured dollar deposit designed to provide exposure to a basket of agricultural commodities.

The three-year principal protected deposit offers a 70% participation in the increase of a basket of wheat (33%), corn (33%) and soybean (34%). The final price of the basket is calculated by taking the average of twelve quarterly observations. Minimum deposit is US$10,000.

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