An act of love...
FIFTEEN YEAR
4% DOLLAR CURRENT
INCOME BOND
SEVENTH DEVELOPMENT
ISSUE
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SEE REVERSE FOR
CERTAIN DEFINITIONS
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SU DATE
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ase Manhattan Barth (National Association) as Fiscal Agent (s
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of heritage.
There is one investment that
you and your child or
grandchild will truly
appreciate in the years
ahead-Israel's Zero Coupon
Bond. On October 31, 2003
when your child or grandchild
is in college, the bond can be
redeemed for $6,000, a sum
that will help cover the costs
of higher education.
The bond has a purchase
price of $2,941 and an
effective yield to maturity of
8.00% for bonds purchased
through October 21, 1994.
The Bond Also Helps Israel's
Immigrants
You and your child or
grandchild are not the only
ones who will appreciate an
Israel bonds investment.
That's because proceeds from
Israel bonds purchases go
toward helping Israel absorb
the more than 500,000
immigrants who have arrived
since 1989 from the former
Soviet Union and elsewhere.
Proceeds from Israel bonds
also go toward the nation's
continuing economic
development.
Since Israel launched its
Bonds program in 1951,
investors have purchased
more than $14 billion in the
nation's securities. Investors
have been attracted by Israel's
appealing bond interest rates
and the nation's perfect record
on the payment of principal
and interest.
ZERO COUPON BOND
8.00%
Effective Yield to Maturity
for Bonds Purchased Through
October 21, 1994
• Matures at $6,000 on
October 31, 2003.
--t ir
nr .TrI AI T IrIA /I nLI K ICIA/C•
ISRAEL BONDS... GOOD FOR YOU. GOOD FOR ISRAEL.
38
THE PRICE OF EACH BOND PURCHASED THROUGH OCTOBER 21, 1994 IS $2,941
This is not an offering, which can be made onl y by prospectus from:
Development Corporation For Israel
ISRAELBONDS
29201 Telegraph Road Suite 324
Southfield, MI 48034-7654
PHONE:
(810) 352 6555
FAX:
(810) 352-7887
-