100%

Scanned image of the page. Keyboard directions: use + to zoom in, - to zoom out, arrow keys to pan inside the viewer.

Page Options

Share

Something wrong?

Something wrong with this page? Report problem.

Rights / Permissions

The University of Michigan Library provides access to these materials for educational and research purposes. These materials may be under copyright. If you decide to use any of these materials, you are responsible for making your own legal assessment and securing any necessary permission. If you have questions about the collection, please contact the Bentley Historical Library at bentley.ref@umich.edu

May 11, 2001 - Image 10

Resource type:
Text
Publication:
The Detroit Jewish News, 2001-05-11

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

Our Land, Our People, Our Bond

Invest In Israel's Future.
Invest In Israel Bonds

7th Zero Coupon Bond

7.15%

Effective yield to maturity and current purchase price of $3,008 for bonds
purchased through May 25, 2001. Matures at $6,000 10 years from issue
date (first day of the month following the month in which subscription is
accepted by Fiscal Agent).

Jubilee (Series A) Issue Bond

6.20%

Fixed annual interest rate for bonds purchased through May 25, 2001.
Matures 5 years from issue date. Minimum Subscription $25,000.

Jubilee (Series B) Issue Bond

6.90%

Fixed annual interest rate for bonds purchased through May 25, 2001.
Matures 10 years from issue date. Minimum Subscription $25,000.

3rd LIBOR Floating Rate
Issue (LFRI) Bond

5.00%

Interest rate for bonds purchased through May 2001. Based on 75 basis
points (fixed at time of purchase) plus the 6 month LIBOR rate in effect
on issue date, and recalculated thereafter on March 1, June 1, September
1 and December 1. Minimum subscription: $5,000 ($2,500 or $2,000 for
IRAs only). Matures: 10 years from issue date.

Development Issue Current Income Bond

4.00% annual interest rate. S500 and increments of $500. Matures 15
years from issue date.

Development Issue Savings Bond

$500 and increments of $500. Matures 15 years from issue date at 180%
of issue amount, resulting in an effective yield to maturity of approxi-
mately 4.00%

Chai Bond

Purchase price: $136. Matures in 5 years at $180. Non-transferable. Not
eligible for early redemption. Purchaser may only purchase one Bond for
a given owner in any calendar year. May only be purchased for/registered
to an (only one) individual.

ADVANCE REINVESTMENT: All unmatured 4% bonds issued in 1986 and

1987 due in 2001 and 2002 are eligible for advance reinvestment. The
government of Israel has agreed to give you credit for the full maturity
value provided you add additional funds and reinvest in securities of a
higher denomination (7th Development, LFRI and Jubilee Bonds only).

MATURED BONDS: After maturity, bonds no longer earn interest.

ISSUES SUBJECT TO AVAILABILITY.

This is not an offering, which can be made only by prospectus. Read it carefully before investing. Member NASD, SIPC
Development Corporation for Israel/State of Israel Bonds

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

5/11

2001

10

• •

248-352-6555 • 888-352-6556 • fax: 248-352-7887

www.israelbonds.com

Back to Top

© 2025 Regents of the University of Michigan