JRB Israel Bonds Offering Ends November 8

November Israel Bonds Interest Rate is 3.42%

The Joint Retirement Board proudly offers our members the opportunity to purchase State of Israel Bonds.  Israel Bonds can be purchased twice a year, in spring and fall.  Application for Investment in State of Israel Bonds.

The interest rate on the November Israel Bonds offering is 3.42%.

What Are State of Israel Bonds?

Development Corporation for Israel/Israel Bonds underwrites securities issued by the State of Israel in the United States. Proceeds from the sale of Israel Bonds have played a decisive role in Israel’s rapid evolution into a groundbreaking leader in high-tech, green-tech and biotech. Israel bond capital has helped strengthen every aspect of Israel's economy, enabling national infrastructure development.

Israel Bonds Purchased Through the JRB Earn More

The interest rate credited on a State of Israel Bond purchased through the JRB is generally higher than the rate you could obtain on your own.  When purchased through the JRB, you are not buying an individual bond but a portion of a larger-denomination bond. Larger denomination bonds usually pay a higher interest rate.

Honor a Fund Drive Pledge

Purchasing State of Israel Bonds through the Joint Retirement Board is a convenient way to honor a fund drive pledge.  The JRB will notify your Israel Bonds district office of the purchase.  Simply include this information on the Application for Investment in State of Israel Bonds.

Purchase State of Israel Bonds

The current offering is for 5-year State of Israel Jubilee Issue Bonds.  Bonds can be purchased in increments of $2,500 with a maximum purchase of $25,000 per offering ($50,000 per year).

These are fixed interest bonds.  This means that the interest rate established when the bond is purchased remains in effect for the entire 5-year term of the bond.

Interest on the bonds is paid semi-annually – in May and November. Interest paid is credited directly to your account according to your new money elections. 

Fall State of Israel Jubilee Issue Bond Offering Ends November 8, 2018

    • November 1 – The interest rate for the November bond offering is 3.42%.
    • November 8 – The deadline for purchasing the State of Israel Jubilee Issue Bond.
    • November 14 – The JRB purchases the bond and credits it to your account.

How to Purchase State of Israel Jubilee Bonds

  • Fill out the Application for Investment in State of Israel Bonds.
  • Fax (212-947-1676) or email the form to staff@jrbcj.org by Nov. 8.
  • The amount you designate for investment in the State of Israel Jubilee Bond will be transferred from your Stable Value Interest Fund account. In the event that your assets in the Stable Value Interest Fund are insufficient to cover the State of Israel Jubilee Bond purchase, the balance will be taken proportionately from your other JRB investments.

 Restrictions

  • State of Israel 5-year Jubilee Bonds cannot be redeemed prior to maturity.
  • Your JRB quarterly account statement will reflect your bond purchase; you will not receive a State of Israel Jubilee Bond certificate.
  • Participants age 65+ can hold a maximum of 50% of their total JRB account in Israel Bonds.

Purchasing Israel Bonds through the Joint Retirement Board:

  • Generally gives a higher rate of interest because the JRB pools contributions to purchase a larger, higher-yield bond.
  • Diversifies your portfolio.
  • Offers a convenient way to honor your fund drive pledge.

November 8, 2018 is the deadline for purchasing an Israel Bond through the Joint Retirement Board.

For more information or to participate in this offering of Israel Bonds, please contact the JRB Today!  Call 888-JRB-FREE (572-3733) or email us at staff@jrbcj.org.