# EDGAR Filing Document

**Accession Number:** 0000052749
**File Stem:** 0001104659-23-039891
**Filing Date:** 2023-3
**Character Count:** 15089
**Document Hash:** be5019f881dc8bab497860a452e90bd1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-039891.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001104659-23-039891

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ISRAEL, STATE OF
- **CENTRAL INDEX KEY:** 0000052749
- **STANDARD INDUSTRIAL CLASSIFICATION:** FOREIGN GOVERNMENTS [8888]
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-257576
- **FILM NUMBER:** 23784949

**BUSINESS ADDRESS:**
- **STREET 1:** 800 SECOND AVENUE 17TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 6467796811

**MAIL ADDRESS:**
- **STREET 1:** CHIEF FISCAL OFFICER MINISTRY OF FINANCE
- **STREET 2:** 800 SECOND AVE 17TH FL
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISRAEL STATE OF
- **DATE OF NAME CHANGE:** 19950223
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ISRAEL, STATE OF
- **CENTRAL INDEX KEY:** 0000052749
- **STANDARD INDUSTRIAL CLASSIFICATION:** FOREIGN GOVERNMENTS [8888]
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 800 SECOND AVENUE 17TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 6467796811

**MAIL ADDRESS:**
- **STREET 1:** CHIEF FISCAL OFFICER MINISTRY OF FINANCE
- **STREET 2:** 800 SECOND AVE 17TH FL
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISRAEL STATE OF
- **DATE OF NAME CHANGE:** 19950223

**Filed pursuant to Rule 433<br> Registration Statement 333-257576**

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|:---|:---|:---|
| ![](tm2311037d1_fwpimg01.jpg) | **Israel Bonds**<br> **Current Investment Rates**<br> Valid April 1 - 14, 2023 | Development Corporation for Israel/Israel Bonds |

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|:---|:---|
| &nbsp;&nbsp;JUBILEE BONDS *Twelfth Series* | **Minimum Subscription: $25,000 and increments of $5,000** |

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|:---|:---|:---|:---|
| &nbsp;&nbsp;BOND | RATE | MATURITY DATE | • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st. <br> • 1-Year Jubilee Bonds are not offered in this sales period. |
| &nbsp;&nbsp;2-Year | 4.45% | April 1, 2025 | • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st. <br> • 1-Year Jubilee Bonds are not offered in this sales period. |
| &nbsp;&nbsp;3-Year | 4.55% | April 1, 2026 | • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st. <br> • 1-Year Jubilee Bonds are not offered in this sales period. |
| &nbsp;&nbsp;5-Year | 4.48% | April 1, 2028 | • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st. <br> • 1-Year Jubilee Bonds are not offered in this sales period. |
| 10-Year | 4.77% | April 1, 2033 | • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st. <br> • 1-Year Jubilee Bonds are not offered in this sales period. |
| 15-Year | 5.02% | April 1, 2038 | • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st. <br> • 1-Year Jubilee Bonds are not offered in this sales period. |

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|:---|:---|
| &nbsp;&nbsp;MACCABEE BONDS *Twelfth Series* | **Minimum Subscription: $5,000 and increments of $500** |

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|:---|:---|:---|:---|
| &nbsp;&nbsp;BOND | RATE | MATURITY DATE | • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st.<br> • 1-Year Maccabee Bonds are not offered in this sales period. |
| &nbsp;&nbsp;2-Year | 4.30% | April 1, 2025 | • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st.<br> • 1-Year Maccabee Bonds are not offered in this sales period. |
| &nbsp;&nbsp;3-Year | 4.40% | April 1, 2026 | • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st.<br> • 1-Year Maccabee Bonds are not offered in this sales period. |
| &nbsp;&nbsp;5-Year | 4.33% | April 1, 2028 | • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st.<br> • 1-Year Maccabee Bonds are not offered in this sales period. |
| 10-Year | 4.62% | April 1, 2033 | • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st.<br> • 1-Year Maccabee Bonds are not offered in this sales period. |
| 15-Year | 4.87% | April 1, 2038 | • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st.<br> • 1-Year Maccabee Bonds are not offered in this sales period. |

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|:---|:---|
| &nbsp;&nbsp;SABRA SAVINGS BONDS *Ninth Series* | **Minimum Subscription: $1,000 and increments of $100** |

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|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;BOND | RATE | MATURITY DATE | MATURITY PAYMENT | • Issued on the 1st and 15th of each month.<br> • Maturity value and rate may be rounded.<br> • 1-Year, 2-Year, 5-Year and 10-Year Sabra Bonds are not offered in this sales period. |
| &nbsp;&nbsp;3-Year | 4.50% | April 1, 2026 | $1139.38 | • Issued on the 1st and 15th of each month.<br> • Maturity value and rate may be rounded.<br> • 1-Year, 2-Year, 5-Year and 10-Year Sabra Bonds are not offered in this sales period. |
|  |  |  | <br>maturity value per $1,000<br>| • Issued on the 1st and 15th of each month.<br> • Maturity value and rate may be rounded.<br> • 1-Year, 2-Year, 5-Year and 10-Year Sabra Bonds are not offered in this sales period. |

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|:---|:---|
| &nbsp;&nbsp;MAZEL TOV SAVINGS BONDS *Ninth Series* | **Minimum Subscription: $100 and increments of $1** |

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|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;BOND | RATE | MATURITY DATE | MATURITY PAYMENT | • Issued on the 1st of each month.<br> **•** Not available online.<br> • Maximum allowable amount purchased by any person during each monthly sales period, registered in the name of one holder, is $2,500; interest paid at maturity.<br> • 10-Year Mazel Tov Bond is not offered in this sales period.<br> • Maturity value and rate may be rounded.  |
| &nbsp;&nbsp;5-Year | 5.13% | May 1, 2028 | $128.46 | • Issued on the 1st of each month.<br> **•** Not available online.<br> • Maximum allowable amount purchased by any person during each monthly sales period, registered in the name of one holder, is $2,500; interest paid at maturity.<br> • 10-Year Mazel Tov Bond is not offered in this sales period.<br> • Maturity value and rate may be rounded.  |
|  |  |  | <br>maturity value per $100<br>| • Issued on the 1st of each month.<br> **•** Not available online.<br> • Maximum allowable amount purchased by any person during each monthly sales period, registered in the name of one holder, is $2,500; interest paid at maturity.<br> • 10-Year Mazel Tov Bond is not offered in this sales period.<br> • Maturity value and rate may be rounded.  |

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|:---|:---|
| eMAZEL TOV SAVINGS BONDS *Ninth Series* | **Minimum Subscription: $36 and increments of $1** |

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|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;BOND | RATE | MATURITY DATE | MATURITY PAYMENT | • Issued on the 1st of each month.<br> • May only be purchased online at israelbonds.com.<br> • Maximum allowable amount purchased by any person during each monthly sales period, registered in the name of one holder, is $2,500; interest paid at maturity.<br> • 10-Year eMazel Tov Bond is not offered in this sales period.<br> • Maturity value and rate may be rounded. |
| &nbsp;&nbsp;5-Year | 5.23% | May 1, 2028 | $46.46<br>maturity value per $36<br>| • Issued on the 1st of each month.<br> • May only be purchased online at israelbonds.com.<br> • Maximum allowable amount purchased by any person during each monthly sales period, registered in the name of one holder, is $2,500; interest paid at maturity.<br> • 10-Year eMazel Tov Bond is not offered in this sales period.<br> • Maturity value and rate may be rounded. |

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|:---|:---|
| SHALOM SAVINGS BONDS *Ninth Series* | **Minimum Subscription: $36 and increments of $1** |

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|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;BOND | RATE | MATURITY DATE | MATURITY PAYMENT | • Issued on the 1st of each month.<br> • May only be purchased online at israelbonds.com.<br> • Maximum allowable amount purchased by any person during each monthly sales period is $1,000,000; interest paid at maturity.<br> • Shalom Savings Bonds may only be held by a religious, charitable, literary, scientific or educational organization, contributions to which are, at the time of transfer, deductible for income and similar tax purposes.<br> • May not be purchased for governmental entities, individuals or personal trusts.<br> • Maturity rate and value may be rounded. |
| &nbsp;&nbsp;&nbsp;1-Year | 4.56% | May 1, 2024 | $37.65 | • Issued on the 1st of each month.<br> • May only be purchased online at israelbonds.com.<br> • Maximum allowable amount purchased by any person during each monthly sales period is $1,000,000; interest paid at maturity.<br> • Shalom Savings Bonds may only be held by a religious, charitable, literary, scientific or educational organization, contributions to which are, at the time of transfer, deductible for income and similar tax purposes.<br> • May not be purchased for governmental entities, individuals or personal trusts.<br> • Maturity rate and value may be rounded. |
| &nbsp;&nbsp;&nbsp;2-Year | 4.40% | May 1, 2025 | $39.24<br>maturity value per $36<br>| • Issued on the 1st of each month.<br> • May only be purchased online at israelbonds.com.<br> • Maximum allowable amount purchased by any person during each monthly sales period is $1,000,000; interest paid at maturity.<br> • Shalom Savings Bonds may only be held by a religious, charitable, literary, scientific or educational organization, contributions to which are, at the time of transfer, deductible for income and similar tax purposes.<br> • May not be purchased for governmental entities, individuals or personal trusts.<br> • Maturity rate and value may be rounded. |

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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. 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 sec.gov. Alternatively, the State of Israel or 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 israelbonds.com. Member FINRA

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| | | |
|:---|:---|:---|
| ![](tm2311037d1_fwpimg01.jpg) | **Israel Bonds**<br> **Current Investment Rates**<br> Valid April 1 - 14, 2023 | Development Corporation for Israel/Israel Bonds |

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| | |
|:---|:---|
| **FINANCING BONDS** | **AVAILABLE ONLY THROUGH THE FINANCING PROGRAM** |

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| | |
|:---|:---|
| FIXED RATE JUBILEE FINANCING BONDS *Twelfth Series* | **Minimum Financing Subscription:$100,000 and increments of $25,000** |

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;BOND | RATE | MATURITY DATE | **\*Available ONLY through the financing program.**<br> 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, visit israelbonds.com.<br> • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st.<br> • 1-Year, 3-Year, 5-Year, 10-Year and 15-Year Fixed Rate Jubilee Financing Bonds are not offered in this sales period. |
| &nbsp;&nbsp;2-Year Financing\* | 4.45% | April 1, 2025 | **\*Available ONLY through the financing program.**<br> 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, visit israelbonds.com.<br> • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st.<br> • 1-Year, 3-Year, 5-Year, 10-Year and 15-Year Fixed Rate Jubilee Financing Bonds are not offered in this sales period. |
|  |  |  | **\*Available ONLY through the financing program.**<br> 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, visit israelbonds.com.<br> • Issued on the 1st and 15th of each month.<br> • Interest paid every May 1st and November 1st.<br> • 1-Year, 3-Year, 5-Year, 10-Year and 15-Year Fixed Rate Jubilee Financing Bonds are not offered in this sales period. |

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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. 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 sec.gov. Alternatively, the State of Israel or 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 israelbonds.com. Member FINRA