Israel Bonds Raises $1.25 Billion in 2003

(Globes) Zeev Klein - State of Israel Bonds (Israel Bonds) has raised over $900 million with its Independence and Development bond series since the beginning of the year, out of a total of $1.25 billion raised in 2003. Bond purchasers included institutions such as the New York-based Guardian Life Insurance company, which bought $20 million worth of bonds, and Aon Risk Services of Chicago, which bought $5 million. Bond purchasers also included the states of New Jersey ($20 million), South Carolina ($10 million), and Pennsylvania ($4.5 million), as well as large economic concerns, such as communications giant IDT Corp., which bought $6 million.


2003-06-20 00:00:00

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