Say "Chai" to the Newest Israel Bond
State of Israel Bonds President and CEO Gideon Patt announced that the eagerly anticipated Chai Bond, designed as a bar/bat mitzvah gift, is now available. The cost of the bond is $136 and matures at $180 five years from issue date, making it an ideal gift for a bar or bat mitzvah child.
"The excitement surrounding this bond has been enormous," said Patt. "It provides a means of introducing children to the importance of connecting to Israel while enabling them to begin saving for their future, a future that will hopefully include a visit to Israel."
According to Irwin Hochberg, Israel Bonds National Campaign Chairman, "The organization wants to focus on the next generation, to link them with the Jewish homeland and make them a partner in Israel's future."
One of the ways Israel Bonds will accomplish this goal is to promote the bond in synagogues through the Israel Bonds B'nai Mitzvah Bonding Program. Participants in the program receive recognition of any bond purchases in their name during their bar or bat mitzvah ceremony.
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