Who signed the first Israel bond?

David Ben-Gurion launches the Israel Bonds program in 1951
David Ben-Gurion launches the Israel Bonds program in 1951

The first Israel bond was issued in 1951.

It was called the “Independence Issue”, as it both celebrated Israel’s independence in 1948 and it provided financial resources to build the independent Jewish state.

As you can see in the image above, Israel’s first Prime Minister, David Ben-Gurion, signed the first bond certificates.

This signified the deeply-felt connection between supporters of Israel around the world and the people of Israel.

That profound connection remains to this day.

“The State of Israel, for value received, hereby promises to pay the owner...”

With these words, the State of Israel began its promise to investors over sixty-four years ago, when it sold its first bond in 1951.

Since then, total worldwide sales have surpassed US $41 billion. Israel has made interest and principal payments in full and on time — a perfect record of repayment.

With a 100% perfect record of repayment, Israel continues to demonstrate that a promise made is a promise kept.

THE STATE OF ISRAEL'S PROMISE OF A BOND IS...

To manage your investment for the good of the nation.

To manage your investment in a nation whose innovations benefit the world.

To be strong, to be innovative, to grow, to build, to be.

This promise is unbreakable.

This promise has stood the test of time.

After all, Israel, a land of promise, is the Promised Land!

We wish you, your family, loved ones and the people of Israel a peaceful, sweet and prosperous new year.

Shana Tova U Metukah!

 

Raquel Benzacar Savatti
Chief Executive Officer and the entire staff of Israel Bonds

ISRAEL BONDS/CANADA-ISRAEL SECURITIES, LIMITED.
Israel bonds must be held to maturity. Canada-Israel Securities, Limited disclaims the right to the exclusive use and registration of the Crest of Israel. This is not an offering. Investment amounts, interest rates and maturities available on all bonds will vary according to current offerings by the State of Israel. Rates, terms and bond issues as listed and/or advertised are subject to change or be discontinued without notice. As with any part of your financial plan, you should always consult with your financial advisor and/or accountant to ensure the plan is suitable for your situation. E/OE.

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