(JTA) — A record-breaking $1.127 billion in Israel Bonds was sold in the United States in 2016.
The Development Corporation for Israel, also known as Israel Bonds – which issues debt securities by the government of Israel, also announced this week that it has sold more than $40 billion in global sales of Israel Bonds since the corporation was launched in 1951.
Israel Bonds also are sold to investors in the United Kingdom, France, Germany and Belgium.
Israel’s Finance Minister Moshe Kahlon said in a statement that Israel Bonds are “a cornerstone of Israel’s economy.”
“Crossing the $40 billion mark exemplifies the organization’s dedication to Israel, and the way in which its message of economic support has resonated on a global scale,” Kahlon said.
Israel Bonds’ President and CEO Israel Maimon, said: “Demonstrating confidence in Israel through investing in Israel has touched a response chord with individuals from all walks of life.”
Record $1.1 B In Israel Bonds Sold To Americans