Monday, October 16, 2006

Israel Made Big Bucks Out Of Lebanon Invasion

GLOBES, ISRAEL - The recent Lebanon war has sharply boosted sales of Development Corporation for Israel - State of Israel Bonds in the US and Canada. Ministry of Finance representative in New York Zvi Halamish told Globes. "A comparison with bonds sales before the war with the corresponding period in 2005 shows that there has been a 20% rise in sales in the US and a 15% increase in Canada." . . . The increase in sales is especially noticeable given that the bonds' margins are lower today than in previous years. . .

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