Redemptions & Payments

Physical Bond

To redeem a matured Israel bond in certificate form registered in your name, submit the following: 

• A signed letter of instruction to Computershare, Israel’s fiscal agent explaining your intent to redeem
• The physical certificate (make a copy of your physical certificate for your personal records)
• W-9 Form:
  • This form must be filled out and signed in the name of the minor, using the minor’s social security number, and signed by minor now of age.
  • The W-9 is required to certify a U.S. resident’s taxpayer identification number (social security number) so that any income received by the bondholder is properly reported to the U.S. Internal Revenue Service.
  • Without this form properly completed, the Fiscal Agent is required by law to backup withhold 28% of interest and/or principal payments.

Only use the form listed below if the bond is lost:

• Affidavit of Loss & Indemnity:
  (Please refer to instruction sheet for mailing address and applicable fees)
  • This form must be signed by every bondholder.
  • Please download the form for instructions and fee schedule.

Please note that all holders’ signatures must be notarized on the affidavit.  

If you are requesting that the redemption check be issued in a manner other than how the bond is registered, please call Client Support at 888.519.4111 so the necessary instructions can be provided to you.

Joint Tenancy Bond – One Owner Deceased

To redeem an Israel bond registered in a joint tenancy (ownership by two or more individuals) where one of the co-owners has died, the surviving bondholder should submit the following:

• A signed letter of instruction to the Fiscal Agent (Computershare) explaining your intent.
• The physical certificate (please make a copy of your physical certificate for your personal records) or, if the bond is in book entry, enclose a copy of the book entry statement.
• A certified death certificate of the deceased bondholder(s) or you may provide a copy along with below Assignment Separate from Bond Form.
• Assignment Separate from Bond form: (NOT REQUIRED IF AN ORIGINAL DEATH CERTIFICATE IS SENT)
  • This form is required ONLY if the check/bond is being issued to any person/entity other than those listed on the original registration.
  • The original bondholder should complete this form as indicated below
    • Corporate – When an entity is the original bondholder
    • Individual – When an individual is the original bondholder
  • Please make sure this form is Medallion Guaranteed. This means a financial institution has guaranteed the signature on the document. Many financial institutions offer this service for a fee. Please note, Israel bonds have limited transferability. Please review the prospectus for more information.
• Affidavit of Domicile Form:
  • This form is required to affirm the address, at the time of death, of the deceased bondholder.
  • All remaining holders (if applicable) must sign this document.
  • Please make sure that all signatures are notarized.

Only use the form listed below if the bond is lost:

• Affidavit of Loss & Indemnity:
  (Please refer to instruction sheet for mailing address and applicable fees)
  • This form must be signed by every bondholder.
  • Please download the form for instructions and fee schedule.

Please note that all holders’ signatures must be notarized on the affidavit.  

Bond Initially Registered in the Name of a Minor-Minor Now of Age

To redeem a matured Israel bond that was registered in custodial format/minor now of age, the bondholder who has reached age of majority should submit the following:

• A signed letter of instruction to the Fiscal Agent (Computershare) explaining your intent completed by the minor now of age.
• The physical certificate (please make a copy of your physical certificate for your personal records) or, if the bond is in book entry, enclose a copy of the book entry statement.
• A copy of photo ID/proof of age of the minor now of age.
• W-9 Form:
  • This form must be filled out and signed in the name of the minor, using the minor’s social security number, and signed by minor now of age.
  • The W-9 is required to certify a U.S. resident’s taxpayer identification number (social security number) so that any income received by the bondholder is properly reported to the U.S. Internal Revenue Service.
  • Without this form properly completed, the Fiscal Agent is required by law to backup withhold 28% of interest and/or principal payments.

Deceased Holder(s) Redemptions

1. A signed letter of instruction addressed to the Fiscal Agent (Computershare) must be provided, describing the requested transfer or redemption. Please clearly indicate whether you are transferring the deceased’s bond to another holder or redeeming it.
2. The physical certificate (please make a copy of your physical certificate for your personal records) or, if the bond is in book entry, enclose a copy of the book entry statement.
3. Certified death certificate(s) for all deceased bondholder(s) or a copy of the death certificate accompanied by a Certification Document.
4. Affidavit of Domicile – Confirms the last known address of the decedent(s). ALL SIGNATURES MUST BE NOTARIZED.
5. W-9 Form – Used to certify a U.S. resident’s taxpayer identification number to be completed by the beneficiary.
6. Complete the Assignment Separate from Bond Form since the proceeds will be delivered to someone other than the original bondholder.
   • The executor/administrator or transferee/individual who shall receive the proceeds should complete this form
   • Please make sure this document is Medallion Guaranteed
7. If available, please provide, as applicable, the letters testamentary or similar appointment documentation, or small estate affidavit/documentation

Termination of an IRA/Profit Sharing Plan/Keogh Plan

To redeem an Israel bond due to termination of an IRA/Profit sharing Plan/Keogh Plan in which the bond was held, please contact our Client Support Department at 888.519.4111 or email us at Client.support@israelbonds.com

Matured Bank Leumi Certificates

To redeem a matured Bank Leumi certificate, the certificate owner should submit
the following:

• W-9 Form:
  • This form must be filled out and signed in the name of the minor, using the minor’s social security number, and signed by minor now of age.
  • The W-9 is required to certify a U.S. resident’s taxpayer identification number (social security number) so that any income received by the bondholder is properly reported to the U.S. Internal Revenue Service.
  • Without this form properly completed, the Fiscal Agent is required by law to backup withhold 28% of interest and/or principal payments.
• The physical certificate (please make a copy of your physical certificate for your personal records).

Lost Certificates

To redeem, replace or reinvest your Israel bond(s) certificate(s) that has been lost, stolen or destroyed, the bondholder should submit the following:

• A signed letter of instruction to Computershare, Israel’s fiscal agent, describing what you choose to do
• Affidavit of Loss & Indemnity: (Refer to instruction sheet for mailing address and applicable fees)
  • This form must be signed by every bondholder
  • All holders’ signatures must be notarized on the affidavit 
• W-9 Form:
  • This form must be completed and signed by the person/entity ultimately receiving the proceeds of the redemption.
  • The W-9 is required to certify a U.S. resident’s taxpayer identification number (social security number) so that any income received by the bondholder is properly reported to the U.S. Internal Revenue Service.
  • Without this form properly completed, the Fiscal Agent is required by law to backup withhold 28% of interest and/or principal payments.