Israel Bonds said that it has raised more than one billion dollars for the Israeli government since the start of the October 7 war with Hamas.

Most of the investments raised by the US-based company came from US state and municipal governments. Israel Bonds is the American guarantor of bonds issued by Israel. The fund was established following the October 7 attacks carried out by Hamas militants, which led to the killing of 1,400 Israelis and the taking of more than 240 hostages. This was followed by a continuous Israeli air bombardment of the Gaza Strip, as well as a ground attack.

Danny Naveh, president and CEO of Israel Ponds, said the amount represents a record for the company, which he said "demonstrates the strong support for Israel from Jewish communities and Israel supporters in the United States and around the world." It is expected that the cost of the war will be high, and Israel will need to increase capital to compensate for the deficit.

Israeli President Isaac Herzog praised the company "for helping to mobilize world Jewry to take immediate and urgent action for the State of Israel."