State of Israel Bonds

Twice each year, in May and November, the JRB offers an opportunity to purchase Israel Bonds. Development Corporation for Israel/Israel Bonds underwrites the bonds issued by the State of Israel in the United States. Israel Bonds finance national infrastructure development in Israel. These are fixed interest bonds; the interest rate established when the bond is purchased remains in effect for the entire term of the bond. Interest on the bonds is paid semi-annually. Interest paid is credited directly to your JRB retirement account according to your contribution election. When the bond matures, the proceeds are credited to your Stable Value Interest Fund account.

Purchasing Israel Bonds through the JRB has several advantages. You can diversify the fixed income portion of your portfolio; you purchase the bonds on a tax-favored basis; and you can use the purchase to honor a fund drive pledge. Because the bonds offer a guaranteed rate of return, they can reduce the impact of market volatility.

November 2024