FWP 1 v242593_fwp.htm Unassociated Document
 
 
Filed pursuant to Rule 433
 
Registration Statement 333-170696
 
 
STATE OF ISRAEL BONDS
Current Investment Rates
Valid December 8, 2011 through December 14, 2011
JUBILEE AND MACCABEE ISSUE BONDS (Seventh Series)
 
BOND
TYPE
RATE
MATURES
MINIMUM SUBSCRIPTION
2 yr.
Jubilee
1.51%
December 1, 2013
  
$25,000 & MULTIPLES OF $5,000
3 yr.
Jubilee
1.75%
December 1, 2014
}
  
$25,000 & MULTIPLES OF $5,000
5 yr.
Jubilee
2.40%
December 1, 2016
10 yr.
Jubilee
3.70%
December 1, 2021
2 yr.
Maccabee
1.26%
December 1, 2013
}
  
$5,000 & MULTIPLES OF $1,000
3 yr.
Maccabee
1.50%
December 1, 2014
5 yr.
Maccabee
2.14%
December 1, 2016
 
·
Issued on the 1st, 8th, 15th and 22nd of each month.
·
Interest paid every May 1st and November 1st.
·
1-Year Jubilee and Maccabee Bonds and 10-Year Maccabee Bonds are not offered in this sales period.
SAVINGS BONDS (Fourth Series)
BOND
TYPE
MATURITY
VALUE PER 
$1000 UNIT
RATE
MATURES
MINIMUM SUBSCRIPTION
3 yr.
Sabra
$1,036.60
1.22%
December 1, 2014
$1,000 & MULTIPLES OF $500

·
Issued on the 1st, 8th, 15th and 22nd of each month.
·
1-Year, 2-Year, 5-Year and 10-Year $1,000 Sabra Savings Bonds are not offered in this sales period.
·
Maturity value and rate may be rounded.
MAZEL TOV BOND (Fourth Series)
BOND
MATURITY
VALUE PER 
$100 UNIT
RATE
MATURES
MINIMUM SUBSCRIPTION
5 yr.
$107.74
1.50%
January 1, 2017
$100 & MULTIPLES OF $50

·
Issued on the 1st of the month.
·
Maximum allowable amount purchased by one person on a specific date, registered in the name of one holder, is $2,500.
·
10-Year Mazel Tov Bonds are not offered in this sales period.
·
Maturity value and rate may be rounded.
 FLOATING RATE LIBOR BONDS (Tenth Series)
BOND
TYPE
RATE
 
  
SPREAD
2 yr.
LIBOR – Cash
1.8625%
December 1, 2013
$5,000 & MULTIPLES OF $2,500
+105
3 yr.
LIBOR – Cash
1.9125%
December 1, 2014
 }
$5,000 & MULTIPLES OF $2,500
 
+110
5 yr.
LIBOR – Cash
1.9625%
December 1, 2016
+115
2 yr.
LIBOR – Financing*
1.8625%
December 1, 2013
$100,000 & MULTIPLES OF $25,000
  
+105
 
·
Issued on the 1st, 8th, 15th and 22nd of each month.
·
Initial interest rate is equal to the 6-month LIBOR rate in effect on the initial interest determination date, plus or minus the spread listed above in basis points. The spread remains fixed until maturity, but the interest rate is adjusted semi-annually after the initial interest period.
·
Interest paid every June 1st and December 1st.
·
1-Year, 3-Year Financing and 10-Year Floating Rate LIBOR Bonds (Tenth Series) are not offered in this sales period.
*  
May only be purchased if financed by an Authorized Institutional Lender, as such term is defined in the prospectus supplement. For a list of Authorized Institutional Lenders, go to www.israelbonds.com.
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. Certificates will be issued only to government agencies, pension funds, financial institutions and Employee Benefit Plans by request at the time of purchase. The above rates are valid only for the period specified above. For current rates, please visit our website. The bonds may not be transferred, sold or pledged (except under certain limited circumstances).
  
The State of Israel has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates.  Before you invest, you should read the prospectus in that registration statement, the prospectus supplement and other documents the State of Israel has filed with the SEC for more complete information about the issuer and the offering.  You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov.  Alternatively, the State of Israel or the Development Corporation for Israel will arrange to send you the prospectus and prospectus supplement if you request. To request a prospectus please call 1-888-519-4111 or visit us at  www.israelbonds.com
Member FINRA, SIPC
DEVELOPMENT CORPORATION FOR ISRAEL
STATE OF ISRAEL BONDS