Dani Naveh, president and CEO of Israel Bonds/Israel Development Corporation, spoke on behalf of Israel about the organization’s work and advocacy efforts: Jerusalem Post “When you buy bonds, you’re building a bond with Israel,” Naveh said at a conference in New York City on Monday.
Israel Bonds has raised more than $52 billion worldwide for the State of Israel since its founding in 1951. Additionally, according to Naveh, the company provides Israel with funds designated to support all aspects of the Israeli economy, enabling it to develop in many areas, including infrastructure and the concept of becoming a startup nation.
“Every investor in Israel Bonds is a partner in Israel’s great success story,” he said.
As for opponents who oppose such investments through anti-Semitism and BDS, Naveh said, “It’s very simple: Support Israel. [do]Please increase your support. They are asking for divestment, but we are saying double your investment.”
“Investing in State of Israel Bonds sends the message that Israel is not alone in these difficult times,” he added. “You’re financing America’s best ally in the Middle East and getting strong, stable returns.” Naveh also noted that the emergency campaign launched on October 7, just hours after the Hamas attack, and raised more than $1 billion in State of Israel Bond investments from around the world in just 30 days.
Moreover, since the outbreak of the war, Israel Bonds have generated a record-breaking $3 billion in investments worldwide, roughly three times Israel Bonds’ average annual sales.
Of this, $1.7 billion came from U.S. states and local governments that invested in Israeli bonds.
Naveh noted that there has been a surge in investments by local governments in State of Israel bonds since the Oct. 7 massacre, and noted that it is a bipartisan movement.
Additionally, many private and public institutions across the United States and around the world invest in Israel bonds, including young people celebrating their Bar Mitzvahs by making financial gifts to Israeli banks.
Naveh said Israel in particular has a good track record when it comes to paying back investors. The country has never defaulted on its debt in its nearly 75 years of existence and has always paid the principal and interest on its bonds on time.
Jerusalem Post Editor-in-Chief Zvika Klein presented special recognition to Naveh and Dr. Andrew M. Hatter, chairman of the board of directors of Israel Bond National & International, for their continued leadership and support of the economy worldwide.
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