Israel Bonds Surpasses $1 Billion in U.S. Sales

Izzy-Tapoohi

Today, Israel Bonds (Development Corporation for Israel) announced that it has surpassed $1 billion dollars in U.S. sales for the third year running. In 2015, 89% of transactions were investments of $25,000 and below, attesting to the popularity of Israel bonds. Global sales since the first Israel bonds in 1951 are now reaching $40 billion.

“Surpassing $1 billion three years in a row underscores confidence in Israel’s economy, together with a growing understanding that Israel bonds constitute significant additions to financial portfolios,” Israel Bonds President and CEO Izzy Tapoohi stated.

“Moreover, during a time of heightened calls for divestment, our clients understand that investing in Israel bonds is a direct rejection of the BDS agenda.”

“We are resolute in our determination to secure ever-greater numbers of stakeholders in Israel’s economy,” Tapoohi said last month, when he rang the closing bell at NASDAQ. “An economy of achievement and innovation that is on its fullest display at NASDAQ.”

Last Spring, PM Netanyahu thanked Israel bond investors as well, calling the bonds”an investment in the Jewish future. It’s a bond between (Israel) and our fellow Jews around the world and the many non-Jews that support the State of Israel.”

As debt securities issued by the Israeli government, Israel bonds play a vital role in strengthening the Israeli economy, as well as the development of national infrastructure. According to a statement on behalf of DCI, ” expanded ports and transportation networks help facilitate the shipment of “Made in Israel” technology around the world, enhancing national export growth. Capital accrued through the sale of Israel bonds has enabled cutting-edge innovation that saves lives and changes the world on a daily basis.”

01/04/2016 8:28 PM by Menachem Rephun

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