Website Terms and Conditions of Use

These are the terms and conditions ('Terms') for ('Website'). The Website is provided by Development Company for Israel (International) Limited, and Development Company for Israel (Europe) GmbH (each referred to as DCI, 'we', 'us' and 'our'). Development Company for Israel (International) Limited is a company registered in England, whose registered office is at Lady Ruth House, Gabriel Mews, Crewys Road, London, NW2 2GD United Kingdom. Our company registration number is 01415853 and we are authorised and regulated by the Financial Conduct Authority ('FCA') and are listed on the FCA's register with FCA registration number 135266.
Development Company for Israel (Europe) GmbH, is authorised and regulated by the German Federal Financial Supervisory Authority and registered in Germany under the commercial register No. 114970  with headquarters in Hebelstrasse 6, 60318 Frankfurt am Main, Germany.
The French branch of Development Company for Israel (Europe) GmbH is authorised and regulated by Bundesanstalt fuer Finanzdienstleistungsaufsicht and by Autorité des Marchés Financiers with its registered office at 17 rue Dumont d’Urville, 75116 Paris, France.The term 'you' refers to the user or viewer of our Website.

If you browse, access and use this Website, you are agreeing to comply with and be bound by the following terms and conditions of use, which together with our privacy policy govern our relationship with you in relation to this Website. If you disagree with any part of these terms and conditions, please do not use our Website.

We reserve the right to change these terms and conditions at anytime and by using the Website you agree to be bound by them. These terms and conditions were last updated on 4 March 2021.

The services that we provide to you shall be governed by our retail client Terms of Business. To the extent that the Terms of Business conflict with the Website terms and conditions, the Terms of Business terms will prevail.

Access to the Website

It is your responsibility to ensure that your computer system meets all of the necessary technical specifications to enable you to access and use the Website and is compatible with the functionality of the Website.

We do not guarantee the continuous, uninterrupted or error-free operability of the Website.

We may make part or all of the Website unavailable for maintenance or updating, and are not obliged to provide notice of doing so. We are not liable in any respect for the consequences of so doing.

Use of Website information

The Website is presented for your general information and use only.

Israel Bonds are issued under the terms set out in the applicable Offering Documentation In these Terms, “Offering Documentation” refers to:

(a) in relation to most available issues of Israel Bonds, the Information Memorandum dated - 2013 and Final Tems; and
(b) in relation to certain Israel Bond issues exempt from the requirement for a prospectus compliant with the EC Prospectus Directive, the relevant Offering Memorandum and Pricing Supplement.

Before investing in Israel Bonds you should review the relevant Offering Documentation, which are available on request from DCI and may be downloaded from the Website here

Information Memorandum
Final Terms

The contents of this Website are not intended to be, and shall not constitute, advice as to the merits of any investment. It shall be your own responsibility to ensure that any products, services or information available through this Website meet your specific requirements. Your use of any information or materials on this Website is entirely at your own risk. You should seek their own independent advice in relation to the purchase of Israel Bonds.

Except as otherwise indicated elsewhere on this Website, you may view, copy and print and content available on this Website ‘Content’ subject to the following conditions:

  • Content may be used for your personal, non-commercial use only
  • Content may not be modified or altered in any way
  • You are prohibited from circumventing security or interference with the proper working of the Website or the servers on which it is hosted.
  • Content must not be reproduced without the original copyright notice, which forms part of these terms and conditions.
  • We may at any time revoke your right to use Content, and any such use shall be discontinued immediately upon written notice from us.

Except to the extent expressly set out in these Terms, you may not

  • Store pages of the Website on a server or other storage device connected to a network or create an electronic database bysystematically downloading and storing all of the pages of the Website; or
  • Create links to the Website from any other website, without prior written consent.

You may only use the Website for lawful purposes (complying with all applicable laws and regulations), in a responsible manner, and notin a way that might damage our name or reputation or that of any of our affiliates or licensors. All rights granted to you under these Terms will terminate immediatelyin the event that you are in breach of any of them.

Intellectual property rights

All intellectual property rights in any content of the Website (including text, graphics, software, photographs and other images, trade marks and logos) are owned by us or our licensors. All trademarks reproduced on this Website which are not the property of, or licensed to, us are acknowledged on the Website.


This Website does not use cookies. For further information please refer to our privacy policy.

Third party information and External links

This Website may quote information obtained from third party sources. We believe that such information is (a) if factual in nature, correct; and (b) if a statement of opinion, reasonably held. Sources for all such information will be clearly indicated. We have not verified such information and are not responsible to you for the consequences of any reliance you place on it.

The Website may include links to external websites. We have included links to these websites to provide you with access to information and services that you may find useful. We are not responsible for the content of these websites or for anything provided by them and do not guarantee that they will be continuously available. The fact that we include links to such external websites does not imply any endorsement of or association with their operators.

General Regulatory matters

Nothing in these Terms affects any duty or liability we may have to you under the Financial Services and Markets Act 2000 (and successor legislation) or the FCA's rules, our liability to you for death or personal injury caused by our negligence or for fraudulent misrepresentation or any liability that may not be lawfully limited or excluded by law. Subject to this, in no event shall we be liable to you for any business losses and any liability we do have for losses you suffer is strictly limited to losses that were reasonably foreseeable. This Website is not per se an offer of investments or a solicitation to you to offer to subscribe for investments. You will find information on this Website concerning the basis upon which you may apply to purchase Israel Bonds; However, the Offering Documentation related to such purchase, represent the only materials that describe the terms of any offer of investments.

This Website is made available by us for the benefit of:

(a) any investor in any jurisdiction within the European Economic Area to which we are permitted to provide services pursuant to a passport arrangement in accordance with article 31 of the EC Markets in Financial Instruments Directive; and
(b) any investor in any other territory or jurisdiction, on the basis (and we reserve the right to require any such person to warrant compliance therewith) that doing business with such person is not in violation of such person’s own jurisdiction’s securities, fiscal, exchange control or other regulations.

However, persons to whom (a) or (b) apply should be aware that any business which they undertake with us through this Website will be concluded subject to English law and to the non-exclusive jurisdiction of the English courts.

Important – the use of this Website and the basis upon which Bonds are distributed may be subject to different regulatory restrictions. In particular, all issues of Bonds which are subject to the terms of the Information Memorandum are currently only available under the terms of a public offer in the United Kingdom, Belgium, France and Germany. In making this Website more widely available than this, we do not in relation to Bonds that are subject to the terms of the Information Memorandum undertake to do business with investors who are resident in other jurisdictions apart from those just mentioned.

Should any part of these Terms be held unenforceable or in conflict with the applicable law of any jurisdiction, the validity of the remaining parts or provisions shall not be affected. These Terms are governed by English law. Any dispute regarding these Terms or the Website shall be dealt with by the English courts. Nothing within these Terms shall prevent us from bringing proceedings to protect our intellectual property rights before any competent court.