INVESTMENT FAQs
What are my investment options?
Israel Bonds currently offers the following securities:
- Jubilee Bonds
- Maccabee Bonds
- Sabra Bonds
- Mazel Tov Bonds (gift bonds)
- eMitzvah Bonds (gift bonds)
- LIBOR Floating Rate Bonds (regular and financing)
What are bond prices and maturities?
Has Israel ever defaulted on payment of principal or interest?
No. Israel enjoys an exceptional reputation for debt repayment that has been cited by Moody’s Investors Service.
When are rates determined and interest paid?
Rates for all Israel bonds are determined twice per month, except Mazel Tov and eMitzvah bonds, which are determined once per month. Sabra, Mazel Tov, Maccabee and Jubilee bonds pay a fixed rate of interest for the life of the bond. Sabra, Mazel Tov and eMitzvah bonds pay interest and principal upon maturity. Jubilee and Maccabee bonds pay semi-annual interest May 1st and November 1st. LIBOR Floating Rate and LIBOR Floating Rate Financing bonds pay interest June 1st and December 1st.
Do bonds earn interest beyond maturity?
Israel bonds do not accrue interest after maturity.
Can I reinvest mature Israel bonds in a new security?
How do I pay for my bond?
The following payments are currently accepted:
· Checks made out to “State of Israel”
- If you are purchasing for an IRA, a check or wire must be drawn from the retirement account. Funds drawn from a personal bank account will not be accepted for IRAs. Third party checks are not acceptable forms of payment.
What information do I need to purchase a bond as a gift?
The person who will be the recipient is the registered holder, and the recipient’s name and address are required. If the holder is a minor, a custodian must be named as part of the registration.
How do I download a form?
Click on the name of the form, which will then open in a separate window. When you see the form click on the disk icon in the Adobe® Acrobat® Reader™ toolbar. Then, in the window that pops open, name the file, navigate to the folder you want to save it in, and click ‘save.’
Some forms require Adobe® Acrobat® Reader™ to see or download the form. If you encounter a problem, it may be because you don't have that program. You can download it free from the
Adobe web site with
www.israelbonds.com or the Development Corporation for Israel (DCI). DCI has not been involved in the preparation of the content of the unaffiliated site, and we do not guarantee or assume any responsibility for its content.
How do I print a form?
Clicking the name of the form opens it in a separate window. It can then be printed by using your browser's print command.
NOTE: Some forms require Adobe® Acrobat® Reader™ to see or print the form, so if you encounter a problem, you may not have that program on your computer. You can download it free from the
Adobe Web site, which is unaffiliated with
www.israelbonds.com. Development Corporation for Israel (DCI). DCI has not been involved in the preparation of the content of the unaffiliated site, and we do not guarantee or assume any responsibility for its content. or the
If you cannot locate the form you need in the Forms Library, or you are not sure which form to use, call Customer Service at 888-519-4111 or email
customer.service@israelbonds.com.
Why can't I open the forms?
Many forms are in PDF format. If you have not installed the free Adobe® Acrobat® Reader™, or your version is out of date, download the current version by clicking the button below. The
Adobe website is unaffiliated with
www.israelbonds.com or the Development Corporation for Israel (DCI). DCI has not been involved in the preparation of the content of the unaffiliated site, and we do not guarantee or assume any responsibility for its content.
For redemptions, do I have to submit the physical bond?
Yes. If you hold a physical certificate, it must be submitted to the fiscal agent with a completed
W-9 form in order to receive payment. If you have a book entry bond, the fiscal agent will either mail the redemption check to the address on file upon maturity or deposit it into the bank account provided.
What do I do if a bond is lost?
Contact your
local office or the fiscal agent (866-764-3425). A fee will be charged to replace each bond, based on the total face value.
What documents are needed for redemptions and transfers involving a decedent?
For redemptions involving a deceased bondholder, you will need a certified copy of the death certificate as well as:
Can I transfer my bond to another individual or organization?
Depending on the issue, Israel bonds may be
transferred to immediate family members and certain organizations. Check the
prospectus or contact customer service at 888-519-4111 for further information.
How does DCI handle personal and private information?
Your privacy is very important to us. We want you to understand when we collect and use information about you, and the steps taken to maintain the confidentiality, integrity and security of your personal information. The DCI privacy policy can be reviewed
here.
Where can I find information for Industrial Development Bank of Israel (IDBI) shares and notes, Israel Bank of Agriculture (IBA) shares and notes, Jerusalem Bond Certificates, Bank Leumi Certificates, Government Trust 1-D Certificates and Bond of Life redemptions?
For IDBI shares, we have recently received information on how to submit claims for C, CC, D and DD Shares. Please click
here for information and filing instructions.
For IDBI Capital Notes, IBA Shares and Notes, Jerusalem Bond Certificates, Bank Leumi Certificates, Government Trust 1-D certificates and Bond of Life redemptions, please click
here for information on how to redeem.
How can I replace Bank Leumi Certificates ($100 and/or $250 denomination)?
Bank Leumi checks may be replaced by them submitting to the Development Corporation for Israel (DCI). Click
here for instructions.
How can I redeem a Government Trust 1-D Zero Coupon Bond?
For information on redemption of a Government Trust 1-D Zero Coupon Bond that matured on November 15th, 2009, please click
here.
How can I replace Bond of Life Certificates?
Bank Leumi USA is the agent for redemption. The process for receiving a check can take 2 to 3 weeks. Click
here for contact information on how to redeem.
Where can I cash/redeem my Jerusalem Bond?
These certificates have been escheated to the government; you must contact the Commonwealth of Pennsylvania in order to claim back the funds due to you. Please click
here for contact information.
Does Israel Bonds have a business continuity plan?
The Bonds organization maintains a comprehensive business continuity plan (BCP) that addresses how DCI/State of Israel Bonds will respond in the event of a significant business disruption. The BCP is subject to modification.
[Download BCP]