NEW YORK (Press Release) — Development Corporation for Israel/Israel Bonds and its affiliates announced today that they have secured more than $1 billion in bond investments from investors since October 7, fortifying Israel’s economy during wartime.
With this ongoing groundswell of investment in the Jewish state, Israel Bonds has also doubled its annual global bond sales for 2023 from more than $1 billion to surpass $2 billion, and above the milestone of $50 billion in global investments since the organization’s founding in 1951.
More than 15 U.S. state and municipal governments and institutions have invested in Israel bonds since the war broke out. The new investments have come from the State of Florida, State of New York, State of Alabama, State of Arizona, State of Ohio, State of Illinois, State of Texas, State of Oklahoma, State of Georgia, State of Nevada, State of Louisiana, State of South Carolina, Commonwealth of Pennsylvania, State of Indiana, Broward County, Franklin County, County of Palm Beach, City of Miami Beach, KeyBank and Cross River.
Dani Naveh, President and CEO of Israel Bonds, said, “This is Israel bonds’ highest surge of investment ever, which demonstrates the strong support for Israel of the Jewish communities and Israel’s supporters in the United States and around the world.”
President of Israel Isaac Herzog stated, “Jews from around the world came forward to be part of the story that is Israel. In those critical early years, Israel Bonds served as a primary organ of the Jewish people in building the basic infrastructure of our young country, and it is no surprise that it is there for us now, helping mobilize world Jewry in immediate and urgent action for the State of Israel.”
“Israel Bonds supporters across the globe have sent an unambiguous, undeniable direct message that they will continue to ramp up their own investments and new supporters of our programs for in the Jewish state in these historic levels for as long as this war persists and thereafter,” said Howard L. Goldstein, Chairman of the Israel Bonds National and International Board of Directors. “Our nation and people are experiencing pain and suffering like never before, but we are humbled and gather strength from their resilience and immense fortitude, ensuring all of our solidarity together.”
Stuart Garawitz, Vice President, National Sales of Israel Bonds, said, “Each investment in an Israel bond provides the nation with impactful and much-needed assistance, through financial support that helps secure the future of the State of Israel and its people.”
For 72 years, Israel Bonds has generated $50 billion worldwide, across all Bonds affiliates, in financial support for the building and development of every sector of Israel’s economy. Israel bonds are a smart investment, with strong rates, and are meaningful investments, serving as a symbolic connection with Israel and the people of Israel for Jews worldwide. For more information, visit www.israelbonds.com
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Preceding provided by Israel Bonds