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March 19, 1993 - Image 4

Resource type:
Text
Publication:
The Detroit Jewish News, 1993-03-19

Disclaimer: Computer generated plain text may have errors. Read more about this.

Israel Has A Lot Invested
In Israel Bonds.

I

N 1951, PRIME MINISTER DAVID BEN-GURION

launched the Israel Bonds program

as a major source of investment

ISRAEL BONDS HAS A LOT

To

OFFER INVESTORS.

capital for the young nation. The fun-

ECONOMIC DEVELOPMENT
ISSUE (EDI) BOND

damental importance of Israel Bonds

6.00%

quickly became apparent to leaders of

world Jewry. Forty-three years and

nearly $13 billion in investments later,

Israel's leaders still consider Israel

Bonds to be a vital underpinning of

Fixed Annual Interest Rate For Bonds
Purchased Through June 18, 1993

• Bonds may be redeemed at par by employee benefit
funds, which include IRAs, Keoghs, and union funds,
4 years from issue date, by others 5 years from issue date,
on 120 days notice, which may be given prior to the
expiration of the relevant holding period.
• Matures December 31, 2002.
• Minimum subscription: $25,000.

the nation's economy.

FLOATING RATE
ISSUE (FRI) BOND

5.25%

Recently, Prime Minister Rabin met

with leaders of world Jewry in

Current Annual Interest Rate-For Bonds
Purchased Through April 1993

Jerusalem to discuss the indispensable

• Maximum annual interest rate is 8.25%.
• Bonds may be submitted for redemption at par by
employee benefit funds, which include IRAs, Keoghs, and
union funds, after 3 years from issue date, by others after
5 years from issue date, on 120 clays notice, given after
the expiration of the relevant holding period.
• Matures January 31, 2003.
• Minimum subscription: $25,000.

role of the Israel Bonds program.

Below, leading members of the Israeli

government discuss Israel Bonds:

TH E DE TRO I T J EWIS H NEWS

President
Chaim Herzog

4

Prime Minister
Yitzhak Rabin

"The story of Israel Bonds is
extraordinary. There can be
no doubt that the strategic
injection of Israel Bonds
capital has been one of the
factors for Israel's rate of
economic growth."

"Israel Bonds are not only
bonds of money, but
bonds between the Jewish
community and Israel."

-January 28, 1993

- January 25; 1993

Foreign Minister
Shimon Peres

"Israel Bonds remains an
important instrument in the
construction of the Jewish
state and the development
of Israel's future."

-

January 26, 1993

Finance Minister
Avraham Shochat

"Israel Bonds is more than
money. There is something
in the substance of the rela-
tionship - the connection
between Jews worldwide
and the State of Israel, shar-
ing in the building of Israel's
economy."

- January 26, 1993

To find out more about Israel Bonds

investment opportunities, call:

800-334-5802

This is trot an offering, which can be made only hr n prospectus :•om:

Development Corporation For Israel

ISRAELBONDS

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