Israel Bonds raises record $225 m. at conference

January 23, 2012 09:41

Israel Bonds, the organization charged with underwriting and selling Israeli government debt, raised a record $225 million at its annual conference in the Miami, Israel Radio reported Monday.

Throughout last year, the organization raised a total of $1.1 billion.

Finance Minister Yuval Steinitz, speaking at the conference Sunday night, proclaimed the coming year as "The Year of Investment in Israel." Steinitz and the Israel Bonds leadership agreed to expand the organization's focus to rallying investors for Israel's economy, not just underwriting government debt.

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