Nadine Baudot-Trajtenberg: Brief overview of the changing landscape of the financial market in Israel Remarks by Dr Nadine Baudot-Trajtenberg, Deputy Governor of the Bank of Israel, at the institutional investors conference, Eilat, 2 December 2015. *  *  *  It is my pleasure to be here at the annual conference of the largest institutional investors in Israel.
The turmoil in 2007 only seemed to affect the unsecured money market rates. The recent intensification, however, has led to a rise in the cross-country standard deviations of oneand twelve-month secured money market rates as well, from their usual level of 1.5 basis points to 5-6 basis points.