JRB Israel Bonds Offering (Interest Rate: 5.43%) Ends October 25

The Joint Retirement Board proudly offers our members the opportunity to purchase State of Israel Bonds. Israel Bonds can be purchased twice a year, in Spring and Fall.

Application for Investment in State of Israel Bonds

What Are State of Israel Bonds?

Development Corporation for Israel/Israel Bonds underwrites securities issued by the State of Israel in the United States. Proceeds from the sale of Israel Bonds have played a decisive role in Israel’s rapid evolution into a groundbreaking leader in high-tech, green-tech and biotech. Israel Bonds capital has helped strengthen every aspect of Israel's economy, enabling national infrastructure development.

Diversify Your Portfolio

Investing in Israel Bonds allows you to diversify the fixed income portion of your portfolio. The Bonds offer a guaranteed rate of return which reduces the impact of stock market volatility.

Purchase Israel Bonds on a Tax-Favored Basis

Purchasing Israel Bonds through your JRB retirement account means that you do not pay taxes on income from the investment until you withdraw the funds in retirement when you are likely to be in a lower tax bracket.

Honor a Fund Drive Pledge

Purchasing State of Israel Bonds through the Joint Retirement Board is a convenient way to honor a fund drive pledge. The JRB will notify your Israel Bonds district office of the purchase. Simply include this information on the Application for Investment in State of Israel Bonds.

Purchase State of Israel Bonds

The current offering is for 5-year State of Israel Jubilee Issue Bonds. Bonds can be purchased in increments of $2,500 with a maximum purchase of $25,000 per offering ($50,000 per year).

These are fixed interest bonds. This means that the interest rate established when the bond is purchased remains in effect for the entire 5-year term of the bond.

Interest on the bonds is paid semi-annually – in May and November. Interest paid is credited directly to your account according to your contribution elections.

Read the prospectus.

Fall State of Israel Jubilee Issue Bond Offering Ends
October 25, 2023

    • October 16 – The interest rate for the October bond offering is announced.
    • October 25 – The deadline for purchasing the State of Israel Jubilee Issue Bond.
    • October 30 – The JRB purchases the bond and credits it to your account.

How to Purchase State of Israel Jubilee Bonds

  • Fill out the Application for Investment in State of Israel Bonds.
  • Fax (212-947-1676) or email the form to staff@jrbcj.org by
    Octobler 25.
  • The amount you designate for investment in the State of Israel Jubilee Bond will be transferred from your Stable Value Interest Fund account. In the event that your assets in the Stable Value Interest Fund are insufficient to cover the State of Israel Jubilee Bond purchase, the balance will be taken proportionately from your other JRB investments.


  • State of Israel 5-year Jubilee Bonds cannot be redeemed prior to maturity.
  • Your JRB quarterly account statement will reflect your bond purchase; you will not receive a State of Israel Jubilee Bond certificate.
  • Participants age 65+ can hold a maximum of 50% of their total JRB account in Israel Bonds.

Purchasing Israel Bonds through the Joint Retirement Board:

  • Diversifies your portfolio.
  • Offers a convenient way to honor your fund drive pledge.

October 25, 2023 is the deadline for purchasing an Israel Bond through the Joint Retirement Board.

For more information or to participate in this offering of Israel Bonds, please contact the JRB today! Call 888-JRB-FREE (572-3733) or email us at staff@jrbcj.org.