Investors
Initial investors in Israel bonds were largely members of the Jewish community who wanted to help Israel strengthen its economic foundations. However, as securities became more diverse and market-responsive, the investor base became increasingly widespread. Israel bonds were seen as a two-fold investment that not only helped Israel, but were a useful means of portfolio diversification.
Investors now include more than 1,700 labor unions, over 1,800 foundations, and numerous states, municipalities, corporations, insurance companies, associations, union pension funds, banks, financial institutions, universities, synagogues, and private investors. Over 70 state and municipal public employee pension and treasury funds have invested more than $1 billion in the bonds.
Read more about this topic: State Of Israel Bonds