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Investment Banking & Investment Services
Financial
Index-linked
Psagot Sal TA-Banks Series 2 (40A) is an exchange traded note launched by Psagot Indexes Products Ltd. The note seeks to track the performance of the TA-Banks Index. The index represents the public equity markets of Israel. It comprises of the stocks of companies operating in the banking sector. The index represents the stocks of large-cap companies. The ETN will mature on April 20, 2036. Psagot Sal TA-Banks Series 2 (40A) was formed on March 6, 2006 and is domiciled in Israel.
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