Israel Bonds Soar in Sputtering U.S. Economy

(Ha'aretz) - Since February, Israel Bonds has recorded record-breaking sales, raising close to $861 million by the end of July, 32 percent more than the previous year. The treasury has asked Israel Bonds to raise $1.25 billion by the end of the year, and if current sales figures hold, they will probably surpass that goal. Two reasons for the recent success are the wave of sympathy for Israel, particularly after suicide bombings outraged the world, and the attractive interest rates on bonds at a time when U.S. interest rates are the lowest in decades.


2002-08-27 00:00:00

Full Article

BACK

Visit the Daily Alert Archive