Frequently Asked Questions

What are my investment options?

Israel Bonds currently offers four types of securities:

• Savings Bonds
• Mazel Tov Bonds (gift bonds)
  
• Jubilee Bonds
• Floating Rate LIBOR Bonds

How is interest determined and paid?

Interest for all Israel Bonds is determined four times per month.
Savings Bonds, Mazel Tov Bonds and Jubilee Bonds pay a fixed rate of interest for the life of the bond.  The rate is set one business day prior to the beginning of the applicable sales period.  Savings Bonds and Mazel Tov Bonds pay interest and principal upon maturity, and Jubilee Bonds pay interest May 1^st and November 1^st.
Floating Rate LIBOR Bonds pay a rate equal to the 6-month LIBOR rate in effect on the initial determination date, plus or minus a spread.  The spread remains fixed until maturity.  Interest is paid June 1^st and December 1^st.

What are the maturities for the various bonds?

The most current information on State of Israel bonds can be found on our securities page.

What is the purchase price of each bond?

Savings Bonds -- $2,500 (and $2,500 multiples)
Jubilee Bonds --  $25,000 (and $5,000 multiples)
Floating Rate LIBOR Bonds -- $5000 (and $2,500 multiples)
Mazel Tov Bonds -- $100 (and $50 multiples)

Can I reinvest mature Israel Bonds in a new security?

Yes.  If your bond is book entry, you will have a 12 calendar day grace period, beginning on the due date, to reinvest your proceeds in a new Israel bond.  Your new bond will reflect the rates in effect on the date the old bond matured.  Since Israel bonds are priced four times per month, this benefit ensures you of having the most current information necessary to select the bond best suited to your specific investment needs.
If you own an actual certificate, submitting it in the last sales period prior to maturity likewise provides you with the rates in effect on the bond’s maturity date.

How can I purchase a new bond and/or receive the latest information?

This website contains the most up-to-date information on all available bonds and current rates.  You can also download forms and a prospectus.  You may contact your local Israel Bonds office here.