State of Israel Bonds has been, and continues to be, an integral part of Israel’s evolution into a modern, progressive nation. Joshua Matza, an 18-year member of the Knesset and minister of health in the government of Benjamin Netanyahu, has served as president and CEO since 2002.

The idea to float bonds was conceived by Prime Minister David Ben-Gurion. His vision was two-fold: to secure crucial funding for immigrant absorption and the construction of vital infrastructure; and to engage Diaspora Jewry in the building and development of the new Jewish state. Israel bond purchases now total more than $25 billion.

Proceeds from the sale of Israel bonds are utilized by Israel’s Finance Ministry for key economic projects. Many of these projects were essential to solidifying Israel’s post-independence economy:
• The National Water Carrier
• The Dead Sea Works
• Port construction
• Alternative energy resources

As Israel builds for new generations, it turns to the Israel Bonds organization to assist in undertakings including:
• Development in the Galilee
• Reclamation of the Negev
• Expansion of transportation networks
• Enhancing export potential