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September 13, 2002 - Image 10

Resource type:
Text
Publication:
The Detroit Jewish News, 2002-09-13

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

Israel iLis 2/s ,qs A‘ver

~ e ore

Nks:

'qgk,

Israel confronts a terrorist war and reallocates resources to pa y for emergency defense needs, Israel bonds
remain the nation's reliable and constant source of forei g n investment capital for economic development.

6.25% 4th LIBOR Floating Rate Issue (LFRI) Bond

8th Zero Coupon Bond

Effective yield to maturity and current purchase price of $3,272 per unit for bonds purchased through
September 24, 2002. Matures at $6,00010 years from issue date (first day of the month following the month in
which subscription is accepted by Fiscal Agent).

3rd Jubilee (Series A) Issue Bond

7th Development Issue (DI) Bond

3rd Jubilee (Series B) Issue Bond

Fixed annual interest rate for bonds purchased through September 24, 2002.
Series A: Matures 5 years from issue date. Minimum Subscription: $25,000 and multiples of $5,000.
Series B: Matures 10 years from issue date. Minimum Subscription: $25,000 and multiples of $5,000.

Current Income Bond: Annual interest rate is 4.00% per year, payable by check once a year on 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 multiples of $500. Additional Feature: Bonds at least 1
year old may be cashed in Israel, up to $2,500 a month per person, for Israeli currency, to defray tourist expenses.

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

2n d C h ai B on d

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

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
29777 Telegraph Road, # 2440 • Southfield, MI 48054-1505

fif

9/13

248-552-6555 • 888-352-6556

2002

www.isradhonai.coin

10

2.625%

Interest rate for bonds purchased through September 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 1. Minimum subscription: $5,000 ($3,500 or $3,000 for IRAs only). Matures: .
10 years from issue date.

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