Democracy Bonds

The State of Israel, a democracy of 9 million founded in 1948 for primarily Jewish people, has extraordinary deep relationships with American states.

There are many congratulatory resolutions recognizing the State of Israel like 2025-K509 in New York State that notes “In its 77 years of statehood, Israel has established a modern parliamentary democracy and has become the most successful democracy in the Middle East”, H.4352 in South Caroline that notes “the special relationship between the United States and Israel is rooted in shared democratic values and mutual aspirations for progress, liberty, justice, and security.” and HCR90 in Texas that begins with “The State of Texas and the State of Israel share a deep and enduring friendship rooted in mutual values, economic ties, and a commitment to democracy and security.”

American states, through their public pension funds and elected Treasurers that manage public assets, are significant investors in the State of Israel. No other nation has successfully raised capital at such a scale as Israel, creating the blueprint for other democratic nations to follow.

The Development Corporation for Israel (branded as Israeli Bonds) launched in 1951 and has raised worldwide $55 billion for the Israel’s economy — all from outside the country. Israel markets their long-term bonds under US securities law through a registered broker. This is an example of an October 2025 prospectus for $5 billion in bonds (with a $300M commission permitted to brokers) sold and governed under New York State law. The great innovation is for Israel to establish an American development corporation to make it easy for American investors — especially governments — to lend Israel money.