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Keren Hayesod Loan of 10,000,000 Pounds Over-subscribed in Israel

A 10,000,000 pound loan offered by the Keren Hayesod, fund-raising arm of the Jewish Agency to the Israeli public was over-subscribed within a few hours after it was listed at local banks, Zalman Shazar, acting chairman of the Jewish Agency executive, reported at a meeting of that body today. The bonds offer six and one-half percent interest.