Israel 30 Years Bond - Historical Data (2024)

FAQs

Have Israel bonds ever defaulted? ›

Investors value Israel's impeccable record of having never defaulted on payment of principal or interest on Israel bonds.

The Israel 5 Years Government Bond has a 4.505% yield (last update 23 Apr 2024 2:15 GMT+0).

Historically, the 30 year treasury yield reached upwards of 15.21% in 1981 when the Federal Reserve raised benchmark rates to contain inflation. The 30 Year yield also went as low as 2% in the low rate environment after the Great Recession.

Israel has a high-quality credit rating, and the bonds have a solid coupon, paying 4.57% on our reinvestment that occurred on February 1, 2023. That's about 37 basis points higher than the current two-year U.S. Treasury rate of around 4.2% (as of Feb. 3, 2023).

“Israel bonds are a smart, dependable investment with a proven track record,” Garrity said in a release. Ohio is also boosting its investment in Israeli bonds by $20 million to bring its total investment to $187.5 million.

Although Israel has never defaulted in the payment of principal or interest on any of its internal or external debt, prospective purchasers are warned of sovereign credit risk.

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.

You can redeem your bond at any time by sending the certificate for redemption to Computershare, the State of Israel's fiscal agent, at Computershare, 150 Royall Street, Canton, MA 02021, telephone +1 (866) 764-3425 (US bondholders) or Computershare, 1500 Robert-Bourassa Boulevard, Montreal, Quebec H3A 3S8 (bondholders ...

A 30-year Treasury bond yields about 4.4 percent (as of March 2024).

Are 30 year Treasury bonds tax free? ›

Interest income from Treasury securities is subject to federal income tax but exempt from state and local taxes.

Issues subject to availability. Bonds will not earn or accrue interest after maturity. Interest rates are determined and announced prior to the applicable issue date of the bond. Bonds are being issued in book-entry form.

The main buyers were state governments in Florida, New York, Alabama, Arizona, Ohio, Illinois, Texas, Georgia, Oklahoma, Nevada, Louisiana, South Carolina, Indiana and Pennsylvania. Two counties in Florida, Broward and Palm Beach, also bought Israel Bonds in the last four weeks, as did Ohio's Franklin County.

Israel bonds are not tradeable and must be held to maturity. By buying an Israel Bond, you are making a direct investment in the State of Israel. Your investment benefits the State of Israel.

Covered Bonds were first issued during the reign of Friedrich the Great to help rebuild Prussia after the impact of the Seven Years' War. It was successful and thus other European countries similarly followed. During its 250-year history, a covered bond has never defaulted.

Default risk is the possibility that a bond's issuer will go bankrupt and will be unable to pay its obligations in a timely manner if at all. If the bond issuer defaults, the investor can lose part or all of the original investment and any interest that was owed.

Issues subject to availability. Bonds will not earn or accrue interest after maturity. Interest rates are determined and announced prior to the applicable issue date of the bond. Bonds are being issued in book-entry form.

The economy of Israel is offically reported as having a debt-to-GDP ratio of 67.0%, indicating Israel's debt level is $281 Billion. World Economics has reassessed Israel's debt levels and estimates them to be lower than official figures suggest.