Tuesday, October 18, 2011

"Demand for Israeli bonds is much higher than supply"

"Israel Bonds is a strategic asset for Israel. Rating agencies even cite its existence. It's true that Israel Bonds hasn’t been needed in recent years, it seems expensive, but it will help when needed in hard times. Other countries, such as India and Greece, come to ask us for advice on how to mobilize their diasporas for the good of the country. Israel Bonds is a tool for expressing support for Israel in hard times, and the capital raised is influenced by what is happening in Israel.
"By the way, it's not just Jews who buy. There are American groups who see this as a way of sending messages to the Jewish community and the administration."
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