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CLIFTON AVENUE - CINCINNATI 20, 01110

Friday.

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DETROIT JI.:%% ISII CHRONICLE

Page 5

THE

STATEOFISRAEL

announces its

first bond issue

.$500,000,000 INDEPENDENCE ISSUE

on the occasion of its third anniversary

•

State of Israel

INDEPENDENCE ISSUE

two types of bonds are offered

a ) Interest Bearing Bonds Denominated as

Fifteen Year 3 1/2% Dollar Coupon Bonds

(in denominations of $500 to $100,000)

b) Capital Appreciation Bonds Denominated as

Twelve Year Dollar Savings Bonds

(in denominations of $50 to $10,000)

Maturity

Value: 150% of issue amount

This is not an offer to sell these securities. They are subject to the registration and pros-

pectus requirements of the Federal Securities Act. Information about the issuer, the securities

and the circumstances of the offering is contained in the prospectus required by that Act.

Copies of the prospectus may be obtained from the undersigned.

....„

HENRY MORGENTHAU, JR., Chairman, Board of Governors
American Financial and Development Corporation for Israel

[--

AMERICAN AfiN"/ evheilnaptd nent CORPORATION FOR ISRAEL

STATE OF ISRAEL BONDS

sTarr

BLDG.
2200 DAVID
DETROIT 26, MICHIGAN

1

State of Israel Bonds

120 BROADWAY, NEW YORK 5, N. Y.

Please send mu a copy of the prospectus describing the

5500,000,000 State of Israel Independence Bond Issue.

NAME

ADDRESS

CITY

STATE

ZONE ~ s,

