Don't Let This One

The 7.65%* 4th Zero Coupon Bond

Catch this rate through September 6, 1996.

THE DETROIT J EWISH NEWS

Effective Yield to Maturity and Current Purchase Price of $2,812 for Bonds Purchased Through September 6, 1996.
Matures at $6,000, 10 years from issue date (last day of Sales Period in which subscription is accepted by Fiscal Agent).
* Yield to Maturity

88

Israel Bonds. Good For You... Good For Israel

This is not an offering, which can be made only by prospectus from:

Development Corporation For Israel

29201 Telegraph Road • Suite 324
Southfield, MI 48034-7654

ISRAELBONtio 810_352_6555

JERUIA1440