Clarification to Warren Buffett Israel Bonds Story
June 28 2017 - 6:04PM
Dow Jones News
Development Corp. for Israel bonds don't trade, they are issued
and then held to maturity. A recent 10-year Development Corp. bond
issue has a yield of 3.72%. "Warren Buffett Wants You: To Buy
Israel Bonds," published June 22 at 5:30 a.m. ET, provided a quote
for the yield of Israel government bonds but didn't explain the
terms of Development Corp. bonds. Development Corp. for Israel
bonds don't trade; they are issued and then held to maturity. (June
28)
(END) Dow Jones Newswires
June 28, 2017 17:49 ET (21:49 GMT)
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