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April 05, 2002 - Image 9

Resource type:
Text
Publication:
The Detroit Jewish News, 2002-04-05

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

HELP KEEP ISRAEL STRONG!

Show Your
Solidarity With
Israel By Westin
In Israel Bonds...

NOW!

8th Zero Coupon Bond

.7.00%

Effective yield to maturity and current purchase price of $3,050 per
unit for bonds purchased through April 24, 2002.
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).

4th LIBOR Floating
Rate Issue (LFRI) Bond

3.125%

Interest rate for bonds purchased through April 2002. 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 i. Minimum subscription: $5,000
($2,500 or $2.000 for IRAs only) and multiples of $2,500.Matures:
10 years from issue date.

2nd Chai Bond

Purchase price: multiples of $136. Matures in 5 years at $180. Non-
transferable. Not ekdble for early redemption. May only be pur-
chased for/registered to an (only one) individual.

5.60%

3rd Jubilee (Series A)
Issue Bond

Fixed annual interest rate for bonds purchased. through April 24,
2002. Matures 5 years from issue date. Minimum Subscription
$25,000.

6.80%

3rd Jubilee (Series B)
Issue Bond

Fixed annual intent rate for bonds purchased through April 24,
2002. Matures 10 years from issue date.Minimum ,Subscriptio ►
$25,000

7th Developnient Issue (DI) Bond

Current Income Bond: Annual interest rate is 4.00% per

year, payable by check once a year OR May 1.
Savings Bond: Matures at 180% of issue amount, resulting in
an effective yield to maturity of approximately 4.00%.
Matures: 15 years from issue date. Denominations: $500 and mul-
tiples of $500. Additional Feature: Bonds at least I year old may
be cashed in W.a.el; up to $2,500 a month per person, for Israeli
-currency, to defray tourist expenses.

MATURED BONDS: After maturity, bonds no longer earn interest.
ISM SUBJECT TO gklIARILITY.
This is not an offering, wind can t* mxtle only by prospectus. Read it =dully
before invesdng.
Member NA.V, !AK

Development Corporation for Isra.eliState of Israel Bonds
29777 Telegraph Road, Suite 2440 • Southfield, MI 480341303

248-352-655 . 5

di

l c
mo

. 888- 352 -6556 "Mir

www.israelbonds.com

rue, be! NASD. SIPC

4/5

2002

9

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