Rates for all Israel Bonds are determined four times per month, except Mazel Tov bonds which are determined once per month. Sabra Savings Bonds, Mazel Tov Bonds, Maccabee and Jubilee Bonds pay a fixed rate of interest for the life of the bond. Sabra Savings Bonds and Mazel Tov Bonds pay interest and principal upon maturity, and Jubilee Bonds pay interest May 1st and November 1st. Libor Floating Rate & Libor Floating Rate Financing Bonds pay interest June 1st and December 1st
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.
Can I reinvest mature Israel bonds in a new security?
Yes, if you own a book entry bond, you will have a 12 calendar day grace period, beginning on the due date, to reinvest your proceeds in a new Israel bond. The new bond can reflect the rates in effect on the old bond’s maturity date or another rate in effect during the 12-day period. Israel bonds are priced four times per month, so this ensures you of having the most current information necessary to select the bond best suited to your particular needs. Whichever rate you prefer, your investment form must indicate the sales period and rate you choose, and have the original maturity check from Bank of New York attached.
If you own an actual certificate, submitting it in the last sales period prior to maturity provides you with the rates in effect on the bond's maturity date.
Do I have to have the physical bond to redeem?
Yes. If you hold a physical certificate, it must be submitted to the Bank of New York with a completed W-9 form in order to receive payment. If you have a book entry the bank will mail the redemption check to the address on file upon maturity.
What documents are needed for redemptions involving a decedent?
For redemptions involving a deceased person, you will need a certified copy of the death certificate. You will also need:
Do my bonds continue to earn interest beyond maturity?
No. State of Israel Bonds do not accrue interest after maturity.
What forms are needed to reinvest?
How does DCI handle my personal and private information?
At Development Corporation for Israel/State of Israel Bonds, your privacy is important to us. We want you to understand when we collect and use information about you and the steps we take to maintain the confidentiality, integrity and security of your personal information. Please review our policy here.
What information do I need to purchase a bond as a gift?
State of Israel bonds may be purchased as gifts (bar/bat mitzvahs, weddings, graduations, Hanukkah, etc). 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.
What do I do if I lost my bond?
Please contact your local office or the Bank of New York at 1-866-764-3425 for further information. A fee of 1% - 2% is charged for lost bonds.
Can I transfer my bond to another individual or organization?
State of Israel bonds may be transferred to immediate family members and certain organizations, depending on the bond issue. Check the prospectus or contact customer service at 1-888-519-4111 for further information.
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.
Does State of Israel Bonds have a business continuity plan?
Yes. 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]
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 Bond of Life Certificates?
Bank Leumi USA is the Agent for redemption, the process for receiving a check can take 2 to 3 weeks to receive. Please click here for contact information on how to redeem.
How can I replace Bank Leumi Certificates ($100 and/or $250 denomination)?
Bank Leumi checks may be replaced by submitting to the Development Corporation For Israel (DCI) please click here for instructions.
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 on how to claim the funds.
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 which matured on November 15th, 2009, please click here.
Why can't I open the forms?
Many of our forms are in the .PDF format which require Adobe® Acrobat® Reader™. If you have not installed the free Reader™, or if your version is out-of-date, please download the current version of the Reader™ now by clicking on the button below.
(The Adobe® web site is unaffiliated with www.israelbonds.com or the Development Corporation for Israel. The Development Corporation for Israel 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?
Click on the name of the form. Doing so launches the form in a separate window. You can then print it 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 or the Development Corporation for Israel. The Development Corporation for Israel 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.)
If you can't find the form you need in the Forms Library, or you're not sure which form to use, call Customer Service at 1-888-519-4111 or email us at customer.service@israelbonds.com.
How do I download a form?
Click on the name of the form. Doing so launches that form in a separate window.
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, which is unaffiliated with www.israelbonds.com or the Development Corporation for Israel. The Development Corporation for Israel 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.)
When you see the form in the window, do the following: 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.