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State Loans and Bonds

Enquiries Regarding Unredeemed Compulsory State Loans

Compulsory State Loans were borrowed from the public between 1961 and 1982. Citizens also extended loans to the State on a voluntary basis. If you issued a loan, or if you are an heir or the executor of the estate of someone who issued a loan, you can check on the particulars of the loan through the information system on this website.

Enter the relevant identifying details: 9-digit identification number and name
(as it appears in the Population Registry in Hebrew).

If there are unredeemed loans, you can submit a request, through the website, to receive instructions on redeeming them.

Eligibility cannot be checked through the system in the following cases:

  • The holder of the loan transferred it to a third party.
  • The holder of the loan paid it in the 1960s (the database only includes certificates from 1970-82).
  • The holder of the loan​ is a sole employer, or nonresident.

In such cases, please contact the Bank of Israel in writing:

Foreign loans: State of Israel BONDS & CERTIFICATES

The State of Israel raises funds around the world through foreign loans—in bond and certificate form. The loans are administered by a fiscal agent, currently Computershare.

Loan certificates which have or had an early redemption option in Israel can be redeemed in Israel through certain commercial bank branches. These certificates are:

Bonds - Securities issued by the Israel Bonds corporation
To check the series and notes issued in U.S.A

To check the series and notes issued in Canada

To check the series and notes issued in other places abroad

Certificates - Securities issued in the past by the Ministry of Finance and were eligible for early redemption.
Foreign loan certificates registered under a name are generally issued for-15 year terms. The actual loan certificates and the attached coupons carry unique serial numbers.

Questions and Answers

Only loan certificates included on the list available on the Bank of Israel website can be redeemed, and under the following conditions:

  1. The certificate must be presented.
  2. The redemption is carried out with the registered owner only, or via a transfer form certified by a banking corporation. A transfer letter from abroad needs to be certified by a commercial bank, trust company, a New York Stock Exchange-traded company, Israel Bonds, an Israeli Consul, or savings banks listed in the manual "Directives for Redeeming Foreign Loans in Israel" which was distributed to banking corporations.
  3. Only to 7th series bonds can be redeemed early, and only in cases with one of the conditions for early redemption. The most common conditions are listed on the certificates.

Information needed to calculate the certificate's payment value, and information about the certificate—such as if it is ineligible for redemption

A resident of Israel can present for early redemption bonds of up to $1,000 par value per calendar year. Tourists visiting Israel are eligible to present for early redemption $2,500 par value for each calendar month of their visit, to defray their expenses in Israel.
A public institution, recognized under Section 46(a) of the Income Tax Ordinance, is eligible to present for early redemption certificates received as a donation, provided that they were issued more than three years before the redemption, and provided that notice of the early redemption was given 120 days before the redemption.
Early redemptions will only be paid in shekels. 
The conditions for early redemption of bonds from the 7th series are listed in the "Directives for Redeeming Foreign Loans in Israel" which was distributed to banking corporations

No. Regular bond certificates can be redeemed through most main city branches of commercial banks.
State of Israel certificates with a par value of $100 may be redeemed through three banking corporations without a fee - Discount Bank, First International Bank, and Union Bank; and in other banking corporations with a fee.

The fee is up to one percent of the amount payable, except for State of Israel certificates with a $100 par value, on redemption of which the fee charged is $2 per certificate, which is paid to the redeeming bank by the Bank of Israel.
Questions and Answers