Clarification to Warren Buffett Israel Bonds Story

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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)

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(END) Dow Jones Newswires

June 28, 2017 17:49 ET (21:49 GMT)