Israel launches diaspora bond push to raise money amidst conflict with Hamas

Israel launched a diaspora bond campaign on Tuesday to raise money amidst a war with Hamas, according to posts on social media sites linked with Israel Bonds.

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“Israel Bonds has launched an international campaign to raise funds for the Jewish state that is at war,” posts on LinkedIn, Instagram and X, the social media site formerly known as Twitter. “Invest in Israel bonds to provide the nation with financial resources at its darkest hour.”

According to its website, Israel Bonds - the country’s borrowing vehicle for diaspora bonds - had $5.4 billion worth of outstanding bonds as of December 31, representing approximately 12 percent of the country’s external governmental debt.

Media representatives for Israel Bonds’ US arm, the Development Corporation for Israel, did not immediately respond to a request for comment.

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