A word that is in frequent use these days is “uncertain.” Whether in the context of the economy, global events or the outlook for the future, “uncertain” has become synonymous with the times.
However, when it comes to Israel’s reliance on the Israel Bonds organization, the word “uncertain” is never used. Quite the opposite — the Bonds organization is viewed with confidence by investors and Israel alike.
For investors, it is the assurance that comes from knowing they have acquired an excellent security. For Israel, the Bonds organization’s 62-year record of proven reliability lets the Jewish state know that no matter what challenges may occur, it can always depend on Israel Bonds.
If, for example, an economic or security crisis were to arise, Israel would unlikely be able to turn to capital markets. Even support from the U.S. would be questionable, given its large debt burden.
Thus for Israel, the Bonds organization represents an invaluable, strategic national asset providing vital reassurance that Israel will always have access to a dedicated, independent, financial pipeline.
As for Israel’s enemies, they know they will never be victorious on the battlefield. Consequently, they try to stir things up on the economic front, using measures such as the BDS movement that encourages boycotts, divestment and sanctions against Israeli goods and services.
Yet, because of the dedication of Israel Bonds clients, they will never win. This was clearly demonstrated in 2012, when U.S. Israel bond sales topped $816 million, a 29 percent increase over the previous year.
We are determined to surpass this historic accomplishment in 2013 by exceeding $900 million in U.S. sales, reinforcing our mandate as a dependable, strategic national resource for Israel.
The writer is president and CEO of Development Corporation for Israel/Israel Bonds.