Israel Bonds Raise $125 million in Boca
Written by: Aaron Katsman | January 26, 2009
Facing a recession and looking for ways to find cheap financing, the State of Israel Bonds successfully raised about $125 million in Boca Raton. That should make members of the treasury happy as this was the kick off event for the Bonds.
What I don’t really understand for investors is why go the route of Israel bonds? Not that beggars can be choosers, but why not try some direct investment into the Israeli economy? $125 million can create a ton of jobs, new businesses, and return on investment. Why are donors happy with getting a minimal return when they can do so much more by really investing, and getting potentially, much higher returns?
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