Round the Flag
with the purchase of the
$100 State of Israel
Illazel Toy Bond.
for your children ...
for your trandchildren
for the people of lsrae
Purchase Price: sioo per unit.
.Matures 5 years from issue date at $120, representing
an interest rate of 3.7%. This interest rate is effective
through June 3o, 2004.
Owner receives an attractive certificate suitable
Must be registered in the name of an individual
(custodian for a minor), or jointly in the names of no
more than two individuals.
Non-transferrable. Not eligible for early redemption.
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, Suite 244o
Southfield, MI 48034-7667
2 4 8- 35 2-6 555 .888- 35 2-6 55 6