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News Brief

January 8, 2002
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Sales of Israel Bonds increased last year. The almost $1.1 billion in 2001 sales represented a 21 percent jump in sales of bonds and other securities over 2000 sales. Israel Bonds is an international organization offering securities issued by the Israeli government. The sales jump can be attributed to an increased desire to stand by Israel in a year marred by the Palestinian intifada and the Sept 11 terrorist attacks, said a spokesman for Israel Bonds, Raphael Rothstein. Many people also saw the bonds as a safe investment during a down year in the stock market, he added.

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