We assigned our preliminary 'AA- (sf)' global scale credit ratings to Yemin Moshe 25 Bonds - 1 - Ltd.'s senior notes (series 101, 102, 103, and 104). Yemin Moshe 25 Bonds - 1 – Ltd. is an RMBS transaction that securitizes a portfolio of first-ranking loans granted mainly to Israeli individuals secured mainly by residential properties in Israel. This is the first RMBS transaction originated by Bank of Jerusalem Ltd. that we rate. The provisional mortgage portfolio is approximately Israeli shekel (ILS) 532 million as of March 31, 2025. Bank of Jerusalem Ltd., a bank lender in the Israeli market, originated the loans. MADRID (S&P Global Ratings) May 13, 2025--S&P Global Ratings assigned its preliminary 'AA- (sf)' global scale credit