Privacy Policy


What Does Development Corporation for Israel/Israel Bonds Do With Your Personal Information?


At Development Corporation for Israel/Israel Bonds, your privacy is important to us. Therefore, we want you to understand how we collect and use the information you have provided and the steps we take to maintain the confidentiality, integrity and security of your personal information. We may use personal information about you to service, maintain, and protect your account; process transactions in your account; respond to inquiries from you or your authorized representatives; develop, offer, and deliver products, market our services; or to fulfill legal and regulatory requirements.


We collect nonpublic personal information about you from the following sources:

• Information, including sensitive personal information, we receive from you on customer information forms, investment forms, other account opening documents, transaction-related documents or in the course of doing business with you (ex. name, address, signature, email address, social security number, driver license or passport number, date of birth, financial information, education, employment information and financial account details that allow access to your online account, such as a user name or access code)
• Information about your transactions with us (ex. investment and payment history)
• Demographic information based on your affiliation with community and/or professional organizations (ex. religious affiliation, synagogue and employment information)
• Information we obtain from third-party sources, including those that use automated decision making technologies, to verify your identity and to perform anti-money laundering reviews as required by law
• Information we receive based on your participation in Israel Bonds events and conferences, delegations (ex. passport and credit card numbers) or health information you provide to us in connection with attendance at an event or a delegation. (i.e. allergies, medications)
• Information from web analytics services, including unique client identifier numbers which track and report website and/or app traffic or usage and use cookies and other analytics to help us create more targeted marketing to you
• Information provided to us by the State of Israel’s fiscal agent regarding Israel bonds holders and holdings
• Inferences we make about you based upon the information you provide to us or information detected through the senses (i.e. information about someone’s height or eye color or ethic origin)

We may verify this information with consumer reporting agencies or other sources and add the information received to our account information about you.


All broker/dealers need to share customers’ personal information to run their everyday business. In the section below, we list the reasons broker/dealers can share their customers’ personal information, the reasons Development Corporation for Israel/Israel Bonds chooses to share, and whether you can limit this sharing.

Reasons We Can Share Your Personal Information: We do not disclose any nonpublic personal information about our customers or former customers to anyone, except as permitted by law. We restrict access to nonpublic personal information to employees, consultants, service providers, contractors or other third-parties, companies affiliated by common ownership or control, the State of Israel and the State of Israel’s fiscal agent all of whom need to know the information for business purposes so that we can provide products and services and to process transactions on behalf of our customers, government agencies, regulatory bodies and law enforcement officials and other organizations as permitted or required by law (i.e. in response to a lawful subpoena). Development Corporation for Israel/Israel Bonds does not share or sell personal information about customers or former customers with any unaffiliated third parties for use in marketing the third parties’ products and services.




For our everyday business purposes such as to process transactions, maintain your account(s), or respond to court orders and legal investigations.



For our marketing purposes to offer our products and services to you



For joint marketing with other financial companies


We do not share

For the everyday business purposes of companies affiliated by common ownership or control information about your transactions and experiences



For the everyday business purposes of companies affiliated by common ownership or control information about your creditworthiness

No (we do not collect this information)

We do not share

For nonaffiliates to market to you


We do not share


Should you have any questions, please contact or 1.888.519.4111

CALIFORNIA RESIDENTS - Pursuant to the California Privacy Rights Acts (CPRA), California residents may request that we provide to you certain categories and specific pieces of personal information that we have collected or disclosed about you in the prior 12 months as well as the sources of such information. You also have the right to request the deletion of some of the personal information that we possess about you. You also have the right to request that we correct any incorrect information we have about you, and to request that we limit the use, disclosure and/or sharing of the sensitive information we have about you in certain instances. You may also request information about the automated decision making technology we use in the account-opening process based on your personal information and the significance and consequences to you of the use of such technology and request to opt out of its usage.

DCI will retain the categories of personal information described in this policy pursuant to our record retention policy or as required by law or regulation. The standards DCI uses to determine the retention period include: the time required to retain personal data to fulfill business purposes, including providing products and services; maintaining corresponding transaction and business records; handling possible inquiries or complaints, and laws, regulations, contracts and other equivalencies have special requirements for data retention.

You may designate in writing, directed to or to Development Corporation for Israel, Attn: Customer Service, P.O. Box 5263, New York, NY 10150–5263, the nature of your CPRA request and/or the name and contact information of an authorized agent who is designated to make the CPRA requests referenced above on your behalf. You may also call the customer service telephone number at 1.888.519.4111 to initiate a request. In your request, detail the specific right you wish to exercise under the CPRA. We will contact you to verify the agent designation, request documentation to verify your identity and to request additional clarification regarding your request, if needed.
The information that Development Corporation for Israel/Israel Bonds is required to provide in response to such requests, as well as the ability to delete personal information from our records or limit the sharing of personal information is limited by applicable laws, rules and regulations, including Securities and Exchange Commission (“SEC”) and Financial Industry Regulatory Authority (“FINRA”) rules that require us to maintain identifying and purchase-related information about our clients as well as by our need to retain or disclose this information to provide requested services to you. For example, bond-purchase related information, bond holdings, identifying information we obtained from you as part of the account-opening process and information we obtained for Know Your Customer or anti-money laundering purposes may not be subject to CPRA requests for deletion or limits on usage or sharing. DCI shall not discriminate against any California resident who exercises his or her rights under the CPRA.


Who is providing this notice? Development Corporation for Israel (“DCI”), commonly known as Israel Bonds, is a broker dealer that sells securities issued by the State of Israel in the United States.


How does DCI protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secure files.

Why can’t I limit sharing? Federal law only gives you the right to limit:

• the sharing of information about your creditworthiness with affiliated entities for their everyday business
• the sharing of your information with affiliates for use in marketing to you
• the sharing of your information with nonaffiliates for use in marketing to you
State laws and individual companies may give you additional rights to limit sharing


Companies related by common ownership or control. They can be financial and nonfinancial companies.
Companies not related by common ownership or control. They can be financial and nonfinancial companies. DCI does not share with nonaffiliates so they can market to you.
Joint Marketing
A formal agreement between nonaffiliated financial companies that together market financial products to you. DCI does not jointly market.

January 2024