Fearing a possible terror attack by Palestinians or ultra nationalist Israelis, police were on high alert ahead of the rally which was held in the very place where Rabin was gunned down a decade ago.
Scores of VIPs from Israel and abroad attended the memorial, among them former US President Bill Clinton, his wife, Senator Hillary Rodham Clinton, and their daughter, Chelsea.
Large gatherings of Israelis are automatically assumed to be potential targets for Palestinian militants.
In the case of the Rabin rally there was added concern that Israeli extremists could strike at politicians or foreign dignitaries attending the event.
Israeli Vice-Premier Shimon Peres, who shared the Nobel Peace Prize with Rabin and Yasser Arafat for forging the 1993 interim peace accord between Israel and the Palestinians, addressed the rally along with Former US president Bill Clinton, who brokered the agreement.
Rabin was assassinated on November 4, 1995, while leaving a peace rally by Yigal Amir, an extremist Jew who considered him a traitor for making concessions to the Palestinians.