Israel Launches Diaspora Bond Campaign to Raise Funds

Israel launched a Diaspora Bond campaign today, Tuesday, to raise funds amid its war with the Palestinian Hamas movement, according to posts on social media associated with Israeli bonds, which are a borrowing tool for Diaspora Bonds. Posts on LinkedIn, Instagram, and X (formerly Twitter) stated, "Israel Bonds has launched an international fundraising campaign for the Jewish state in a time of war... Invest in Israel Bonds to provide the nation with financial resources in its darkest hours." The Israel Bonds website indicated that it has bonds worth $5.4 billion due on December 31, representing about 12% of the country's external governmental debt. Representatives from the Israel Development Company, which is the U.S. arm of Israel Bonds, did not immediately respond to a request for comment.