State of Isrel Bonds is proud to
announce the new Chai Bond.

Purchase Price: $136
Matures: 5 years from issue date at $180
Additional Terms: Purchaser may only purchase one Bond for a given
owner in any calendar year. Non-transferable. Not eligible for early
redemption. Owner receives an attractive certificate suitable for framing.

An ideal gift for Bar/Bat Mitzvahs

This is not an offering, which can be made only by prospectus.
Read it carefully before investing.
Development Corporation for Israel/State of Israel Bonds
29201 Telegraph Road, Suite 324 • Southfield, MI 48034-7654

248-352-6555 • 888-352-6556

www.israelbonds.corn

Member NASD/SIPC

4/9
1999

