The following article is excerpted from the Israel Bonds 75th Anniversary Magazine.
Little known fact: Henry Morgenthau Jr., U.S. Treasury Secretary during World War II, was instrumental in developing the framework for Israel Bonds.
In its early years, the new nation faced many overwhelming challenges and lacked the financial resources to absorb hundreds of thousands of immigrants and build basic infrastructure. Morgenthau introduced a bold idea to Israel’s first Prime Minister, David Ben-Gurion—engage Diaspora Jews as active partners in funding essential growth, defense, and immigration needs. This model was based on Morgenthau’s experience with U.S. war bonds during WWII and offered a tangible way to invest directly in the nation’s economic development and survival.
Development Corporation for Israel/Israel Bonds (“DCI”) is a broker-dealer that sells Israel bonds. The content in this article was prepared by DCI and the Jerusalem Post as part of a paid advertising campaign for DCI. This is not an offering which can be made only by prospectus. Read the prospectus carefully before investing to fully evaluate the risks associated with investing in Israel Bonds. Member FINRA. www.israelbonds.com
Written in collaboration with Israel Bonds