Israel Raises Record $5 Billion In Bond Sales To US Investors
Israel has raised a record $5 billion through Israel Bonds, a US-based broker-dealer, to help finance its ongoing war on Palestinians in Gaza, marking a surge in foreign support for the country’s economy despite mounting concerns over domestic fiscal sustainability.
Bloomberg reported on 7 June that the figure, more than double what Israel Bonds typically raises in similar timeframes, reflects a wave of investment from US state and local governments as well as individual and institutional buyers.
“Oct. 7 changed everything,” said Dani Naveh, CEO of Israel Bonds, referring to the 2023 Hamas-led attack on Israeli settlements and military bases to break the 17-year siege on Gaza.