Israel Bonds is the commonly known name of Development Corporation for Israel (DCI), the U.S. underwriter of debt securities (Israel bonds) issued by the State of Israel. DCI is headquartered in New York City, and is a broker-dealer and member of the Financial Industry Regulatory Authority (FINRA). Israel Maimon became the organization's president & CEO in October 2016.
The sale of Israel bonds is global in scope. In addition to the United States, bonds are sold in Canada through Canada-Israel Securities, Ltd., and Europe through Development Company for Israel (UK) Ltd. Sales have increased steadily since the initial Independence Issue was offered in 1951, with total worldwide sales approaching $40 billion. In 2013, U.S. Israel bond sales surpassed $1.12 billion, the first time domestic sales exceeded the $1 billion mark. Sales again exceeded $1 billion in 2014 and 2015.
In the fall of 2011, Israel Bonds launched an eCommerce site to facilitate investing in Israel bonds online. As of 2016, investments made via the online site have exceeded $130 million, owned by 55,000 bondholders around the world.