Development Corporation for Israel/Israel Bonds announced today that it has exceeded $1 billion in U.S. sales for the third consecutive year. In 2015, 89 percent of total transactions were investments of $25, 000 and under, demonstrating the widespread appeal of acquiring Israel bonds. Worldwide sales since the first Israel bonds were first issued in 1951 are now approaching $40 billion.
“Surpassing $1 billion three years in a row underscores confidence in Israel’s economy, together with a growing understanding that Israel bonds constitute significant additions to financial portfolios, ” said Israel Bonds President and CEO Izzy Tapoohi. “Moreover, during a time of heightened calls for divestment, our clients understand that investing in Israel bonds is a direct rejection of the BDS agenda. ”
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Last month, Tapoohi rang the closing bell at NASDAQ, saying, “We are resolute in our determination to secure ever-greater numbers of stakeholders in Israel’s economy—an economy of achievement and innovation that is on its fullest display at NASDAQ.”
Additionally, in a video released this spring, Israeli Prime Minister Benjamin Netanyahu thanked Israel bond investors, saying their investments were “an investment in the Jewish future. It’s a bond between (Israel) and our fellow Jews around the world and the many non-Jews that support the State of Israel.”
In December, Tapoohi announced that the Israel Bonds e-commerce site, launched in fall 2011, had surpassed $100 million in sales, a number encompassing over 42, 000 bondholders.
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