In going through this study, I often refer to CI Scofield's notes. While I do not necessarily agree with all he says, his notes do give good guidelines for study and he was much more learned than myself.
That being said, he gives a list of seven covenants from the Old Testament concerning Israel. They are: Edenic Gen 1:28 Adamic Gen 3:15 Noahic Gen 9:1 Abrahamic Gen 15:18 Mosaic Ex 19:25 Davidic 2Sam 7:16 Heb 8:8 and the one we are currently studying Palestinian Covenant.
His thoughts are that Israel enters Canaan under the Palestinian Covenant and that the Abrahamic Covenant is yet to be fulfilled. The Abrahamic Covenant is this:
Genesis 15:18 "In the same day the LORD made a covenant with Abram (Abraham) saying, Unto thy seed have I given the land from the river of Egypt unto the great river, the river Euphrates: The Kenites and the Kenizzites, and the Kadmonites, And the Hittites, and the Perizzites, and the Rephaims, And the Amorites and the canaanites and the Girgashites and the Jebusites."
I'll take Mister Scofield's word that this has not be fulfilled as yet. And from looking at ancient maps, it appears to be the case. It would be interesting for anyone to round up a Scofield Reference Bible and study the verses he gives. I will not infringe by quoting his entire list.
Another view, one which I formulated while studying this is that the so called Abrahamic Covenant is the map of the promise of Abraham's seed. Israel had two options: one was to follow the Lord and receive the promise or not follow the Lord and received the judgments. They failed before the promise could be completed and it is therefore to be completed in the future. In the mean time there is a time of the Gentiles. A time when we are able to take part in the promise of Abraham and be numbered in the 'all nations' part of the promise.
Thank the Lord for this time of grace.
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