Unprecedented surge in retail, government and
institutional sales offers powerful display of international
support for Israel.
LOS
ANGELES, April 18, 2024 /PRNewswire/ -- Israel
Bonds has surpassed $3 billion in
global sales in the six months since the Hamas terrorist
attacks of October 7th – a
sum almost three times the company's average annual sales volume in
recent years. The unprecedented sales numbers – driven by a
combination of retail, institutional, and government purchases –
are a telling marker of Israel's broad international support in the
U.S. and around the world at a critical moment.
Since October 7th, more
than 35 U.S. state and municipal governments have invested in
Israel Bonds for a total of
$1.7 billion. With $700 million invested in Israel Bonds, Palm Beach County has become the
world's largest investor in Israel
bonds. The Israel Bonds offices around the world have posted record
numbers of retail investors, drawn from inside and outside the
Jewish community, who have quickly mobilized to signal their
support for Israel through a strong investment that offers
attractive returns.
"Israel's supporters around the world have sent a clear and
powerful message with their investment dollars in the wake of
October 7th," said
Israel Bonds President and CEO
Dani Naveh. "From the synagogue
members buying Bar or Bat Mitzvah Celebration Bonds to State
Treasurers making unprecedented purchases, Israel Bonds has seen a
surge of investments across every category that we do
business".
"Every bondholder is a partner in Israel's success, helping the
Jewish state to navigate the unique challenges of this moment and
write the next chapter in its remarkable story," said Andrew M. Hutter MD, Israel Bonds National and
International Chairman of the Board.
Within the first 30 days after October
7th, Israel Bonds raised over $1
billion, marking a significant acceleration in investment
compared to its typical annual total. For the year of 2023, Israel
Bonds reached $2.7 billion in
worldwide sales.
About Israel Bonds:
Israel Bonds is a broker dealer
with affiliates around the world that has played a pivotal role in
Israel's economic development since its founding in 1951. With a
mission to build a prosperous and secure future for Israel, Israel
Bonds offers investment opportunities and fosters strong
partnerships between global investors and the State of
Israel. For more information about Israel Bonds and investment
opportunities, please visit www.israelbonds.com.
Media Contact:
Brianna
Ziegler, Miller Ink
brianna@miller-ink.com
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SOURCE Israel Bonds