Flame and smoke rise over Lebanon as seen from Israel’s border with Lebanon, in northern Israel, October 10, 2023. REUTERS/Ammar Awad/ File Photo Acquire Licensing Rights
LONDON, Oct 10 (Reuters) – 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.
“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% of the country’s external governmental debt.
Media representatives for Israel Bonds’ U.S. arm, the Development Corporation for Israel, did not immediately respond to a request for comment.
Reporting By Libby George in London and Rodrigo Campos in New York, editing by Karin Strohecker
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