A record $225 million was raised for the State of Israel on Sunday night at the annual Israel Bonds conference in Miami.

Minister of Finance Yuval Steinitz, the guest of honor, gave a speech in which he encouraged American Jews to invest in Israel and declared that 2012 would be a year of great investment and economic growth in Israel.

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According to the Israeli Ministry of Finance, Israel Bonds raised $1.1 billion in all of 2011.

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