Full Breakdown
President Isaac Herzog Honors Israel Bonds with Presidential Medal of Honor
By Drooid · · How we work
Ceremony Overview
On October 12, 2026, President Isaac Herzog presented the Presidential Medal of Honor to Israel Bonds at a ceremony in the President’s Residence in Jerusalem. More than 100 senior leaders of the organization, representing the United States, Mexico, Canada, the United Kingdom, other European nations and Latin America, attended. The award recognized Israel Bonds’ role in financing Israel’s economy and supporting the state during periods of crisis.
Israel Bonds: History and Financial Impact
Founded 75 years ago, Israel Bonds has sold over $58 billion in securities worldwide, a figure cited by President Herzog as evidence of sustained investor confidence. Following the Hamas attacks on October 7, 2023, the organization raised $1 billion in the first month and more than $8.5 billion in total since that date, according to Herzog’s remarks. These proceeds have been directed toward infrastructure, scientific research and other development projects.
Key Figures
- Isaac Herzog – President of Israel, speaker at the ceremony.
- Dani Naveh – Global President and Chief Executive Officer of Israel Bonds.
- Dr. Andrew M. Hutter – U.S. and International Chairman of the Board of Directors, Israel Bonds.
Official Statements & Responses
President Herzog opened his address by acknowledging a recent deadly explosion in northern Israel, offering prayers for the injured and emphasizing national solidarity.
Dani Naveh described the medal as “an extraordinary honor” that carries “the weight of generations,” stressing the organization’s responsibility to continue supporting Israel. Dr. Hutter dedicated the award to the global investor community, stating that the medal belongs to every individual who has “stood with Israel” through personal investment.
Verbatim Quotes
- “We gather here today under the heavy shadow of a grave and heartbreaking tragedy unfolding in the north of our country. Before all else, I wish to offer our prayers for the swift and full recovery of all those who were injured, and to embrace them and their loved ones on behalf of the entire people of Israel,” — Isaac Herzog, president
- “Receiving this medal today is an extraordinary honor, but it also carries a profound responsibility.” — Honor Dani Naveh, president and CEO