Sapir Says Interest Rates Paid in Us on Israel Bonds Will Not Be Increased
Menu JTA Search

Sapir Says Interest Rates Paid in Us on Israel Bonds Will Not Be Increased

Download PDF for this date

Finance Minister Pinhas Sapir told the American-Israel Chamber of Commerce and Industry Friday that the interest rate paid here on State of Israel bonds would not be increased. Mr. Sapir’s statement was in reply to a question which referred to recent interest rate increases on American securities and bank deposits. Mr. Sapir said the present interest rates on Israel bonds would be maintained. He expressed confidence that this would not affect the sale of bonds here and also predicted decreases in American interest rates in the future.

Founding Funders

The digitization of the JTA Archive would not have been possible without the generous support of the following donors:
  • The Gottesman Fund
  • Righteous Persons Foundation
  • Charles H. Revson Foundation
  • Elisa Spungen Bildner and Robert Bildner, in honor of Norma Spungen
  • George S. Blumenthal
  • Grace and Scott Offen Charitable Fund