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Montreal Leader Honored as Israel Bonds Celebrates $40 Billion+ in Worldwide Sales Since Founding, and Record of More than $1.1 Billion in U.S. Sales in 2016

 

Israel Bonds’ new President/CEO, Israeli officials, U.S. and other investors honored Dr. Sharon Azrieli of Montreal, and other Jewish leaders, and milestones at annual International Prime Minister’s Club Dinner in Miami Beach

 

NEW YORK –As Development Corporation for Israel (DCI)/Israel Bonds celebrates more than $40 billion in global sales since the program was launched in 1951, and a record-breaking $1.127 billion in U.S. sales in 2016 alone, Dr. Azrieli of Montreal was honored this week with Israel Bonds’ Israel69 Award, presented in recognition of exceptional support for Israel and perpetuating Jewish heritage.

 

Israel Bonds’ milestone sales announcement comes just weeks after the rating agency Moody’s* published a report noting Israel’s performance, pointing to the country’s economic, institutional and fiscal strength.

 

“Israel Bonds are both a financial instrument and a fraternal instrument, a bond of brotherhood and sisterhood with the Jewish state, for Jews and non-Jews alike,” said Prime Minister Benjamin Netanyahu in a video message shared with supporters at Israel Bonds’ annual International Prime Minister’s Club Dinner at the Fontainebleau Hotel in Miami Beach on February 12.

 

Said Dr. Sharon Azrieli of her relationship to Israel and why this accolade is so important to her, “Israel Bonds has always been a part of my family because my father always invested in Israel Bonds, and it was something that we always did for every occasion. Keeping Jews and Israel healthy – financially, emotionally, intellectually – everything, that’s legacy.”

A photo of Dr. Sharon Azrieli with Jason Alexander from the event is available at this link.

 

Photo credit: Shahar Azran/Development Corporation for Israel

 

In addition to Azrieli, Israel Bonds recognized 14 other individuals or pairs of honorees from the United States, Canada and Mexico, with its prestigious Israel69 Award. Celebrity emcee Jason Alexander headlined the Prime Minister’s Club Dinner. Also in attendance were Israel’s Permanent Representative to the United Nations Ambassador Danny Danon, Consul General of Israel in Los Angeles Sam Grundwerg, Consul General of Israel in Florida Lior Haiat, as well as representatives from the Israeli Finance Ministry, Director General Shai Babad, and Deputy Accountant General Yali Rothenberg.

 

Israeli Finance Minister Moshe Kahlon praised Israel Bonds’ achievements, remarking, “Since its founding, Israel Bonds has been a cornerstone of Israel’s economy. Crossing the $40 billion mark exemplifies the organization’s dedication to Israel, and the way in which its message of economic support has resonated on a global scale. On behalf of the government of Israel, I wish to thank Israel Bonds and its worldwide client base for helping to build every sector of our economy.”

 

Rony Hizkiyahu, accountant general of Israel’s Finance Ministry, said, “Israel Bonds is an important element of Israel’s debt management policy, and has been mentioned as a credit strength by our rating agencies.* The organization’s long-lasting contribution is yet another example of the decades-long economic partnership between the diaspora community and Israel.”

 

Israel Maimon, who began his tenure as Israel Bonds’ new president and CEO this fall, commented, “Israel Bonds’ historic sales clearly show that throughout generations, the idea of demonstrating confidence in Israel through investing in Israel has touched a response chord with individuals from all walks of life.”

 

The full list of those who were honored at the International Prime Ministers’ Club Dinner with Israel Bonds’ Israel69 Award were:

 

  • Sharon Azrieli of Montreal
  • Jeffrey Beck and Jarrod Beck of Dallas
  • Bonnie and Chuck Berk of Atlanta
  • Israel Feldman of Mexico City
  • Alex Halberstein of Miami
  • Sharon and David Halpern of Livingston, N.J.
  • Sarah and Elie Hirschfeld of New York
  • Suellen and Larry Kadis of Cleveland
  • Alan Kantrowitz of Los Angeles
  • Melanie and René Moreno of Washington, D.C. and Curaçao
  • Barry Shrage of Boston
  • Tobi Richman Steinhardt and Rabbi David Steinhardt of Boca Raton
  • Diana Sager and Dr. Steven Warren of Tampa Bay
  • Enid and Kalman Wenig of Chicago
  • Richard Ziman of Los Angeles

 

*Israel bonds are not rated

 

More on Israel Bonds

Israel bonds are debt securities issued by the government of Israel. Israel Bonds is also the commonly known name of Development Corporation for Israel (DCI), which underwrites the bonds in the United States. DCI is a Financial Industry Regulatory Authority (FINRA) member broker-dealer. The bonds can help preserve capital, diversify personal or corporate investment portfolios, and provide protection from market fluctuations. Israel bonds are versatile securities that currently pay strong rates.

 

Capital provided through the sale of Israel bonds has helped strengthen every aspect of Israel’s economy, enabling the development of key national infrastructure. Capital accrued through the sale of Israel bonds has enabled cutting-edge innovation that saves lives and changes the world on a daily basis.