For the sixth consecutive year, annual U.S. Israel bond sales have exceeded $1 billion. The billion dollar goal, reflective of Israel’s communicated economic needs, was crossed October 25, 2018, the earliest
the Israel Bonds organization has realized the milestone.
Israeli Finance Minister Moshe Kahlon, who earlier this year called the Bonds enterprise “Israel’s connection to the Jewish people and the global economy,” hailed the achievement, saying, “Year in and year out, Israel Bonds defines the meaning of dependability. I express my deepest appreciation to the Bonds enterprise and what it has meant to Israel. Capital provided by Israel Bonds has been a vital factor in building Israel’s strong, globally-admired economy.”
Finance Minister Moshe Kahlon with Israel Bonds’ senior management at the
organization’s New York headquarters on August 23, 2018 (Photo: Shahar Azran)
President & CEO Israel Maimon observed, “There is no doubt Israel’s 70th anniversary was a source of pride and inspiration that facilitated Israel bond investments at every level, from individuals and institutions alike.” He added, “I want to thank our devoted lay leaders and loyal staff for the dedication and teamwork that resulted in this outstanding accomplishment.”
The sales brought worldwide totals since the organization’s launch in 1951 to more than $42 billion, which, noted Vice President for Sales Stuart Garawitz, “highlights the value of Israel bonds as multi-purpose investments that forge a personal connection with Israel, diversify portfolios and make unique gifts.”