Israel Bonds, unique way to support Israel
Within a month after October 7, over one billion dollars in Israel bonds were purchased
around the world. This was a great example of the importance and uniqueness of Israel
bonds, an integral part of Israel’s finances since they were first issued in 1951.
In full disclosure I worked for the Israel Bonds organization before retiring (officially
known as The Development Corporation for Israel, the sole underwriter of Israel bonds
in the United States). But in addition to Israel Bonds I also worked for many years as a
financial advisor, so I like to think I view Israel bonds from a different perspective than
most people: Israel bonds are not a charity, they are a solid, competitive investment
which I include as part of my family’s fixed income portfolio. They are a way for us to
support Israel and its people while providing us with significant income. We are retired
after all!
Israel bonds are issued by the government of Israel, backed by its full faith and credit.
They are issued in amounts from as low as $36 (great for gifts!) to over $1,000,000,
with maturities ranging from 2 to 15 years. You can check out all their offerings and
current rates at: http://www.israelbonds.com. All governments of Israel have issued
Israel bonds, regardless of their political party. They are apolitical and an important
source of funds for all of Israel’s people and its infrastructure. They’ve also have proven
their value over the years. The Bonds organization can raise funds very quickly and
efficiently, as we saw in 2023. They also serve as an insurance policy for Israel,
providing vital funds when financial markets may be closed or become too expensive, a
scenario that can unfortunately be imagined these days. But it is not just the dollars that
are important. The number of Israel bonds purchased serve as a barometer of support
for Israel around the world. The number of bond investors is as important as the dollar
amount they invest; therefore, every purchase is important.
I urge everyone to find out more about Israel Bonds, a unique way to support Israel
while making a sound investment. You can reach the Baltimore Bonds office at 1 800
386-2663 or Baltimore@israelbonds.com.
Bat Yam member Richard Karlin lives in Millville DE.
Development Corporation for Israel. Issues subject to availability. This is not an offering, which can be made only by prospectus. Read the prospectus carefully before investing to fully evaluate the risks associate with investing in Israel bonds. Member FINRA