The chiefs of the London Stock Exchange propose that the State of Israel issue Bank Leumi shares in the U.K., in parallel with selling them on the Tel Aviv Stock Exchange, Ma'ariv reports.

The LSE would like to promote dual-listing of companies in Tel Aviv and London, the paper writes.

The proposal was reportedly made to Finance Minister Silvan Shalom during his current visit to London together with his director-general, Ohad Marani.