But now thus saith the LORD that created thee, O Jacob, and he that formed thee, O Israel, Fear not: for I have redeemed thee, I have called thee by thy name; thou art mine. When thou passest through the waters, I will be with thee; and through the rivers, they shall not overflow thee: when thou walkest through the fire, thou shalt not be burned; neither shall the flame kindle upon thee. For I am the LORD thy God, the Holy One of Israel, thy Saviour: I gave Egypt for thy ransom, Ethiopia and Seba for thee. Since thou wast precious in my sight, thou hast been honourable, and I have loved thee: therefore will I give men for thee, and people for thy life. Fear not: for I am with thee: I will bring thy seed from the east, and gather thee from the west; I will say to the north, Give up; and to the south, Keep not back: bring my sons from far, and my daughters from the ends of the earth; Even every one that is called by my name: for I have created him for my glory, I have formed him; yea, I have made him.
In tones of tender love, Jehovah assured His people that they need not fear, because He who created, formed, redeemed, and called them would be with them in the flood and fire. The Holy One of Israel gave Egypt as their ransom, a promise that was fulfilled after the return of the Jews from captivity. Because Israel is precious, honored, and loved, God will give men in exchange for her, that is, judgment will fall on the Gentiles in every direction in order that His sons and daughters might be restored to the land.