Why Israel uses diaspora bonds

This podcast episode examines the history and mechanics of Israeli diaspora bonds, and presents the findings of a study challenging the idea that governments can borrow money at a cheaper interest rate by issuing diaspora bonds. Instead, the study suggests that there is often a "patriotic premium" paid on diaspora bonds. However, during times of crisis, diaspora bonds can be a valuable source of funding for governments as people are willing to pay a premium to support their country. The episode also discusses the financial challenges faced by Israel and Ukraine due to ongoing conflicts.