In the largest single-day acquisition by any purchaser since the first State of Israel bonds were issued in 1951, last month the U.S. State of Ohio made a historic Israel bond investment of $61 million.
By Israel Bonds News
On April 3, the state of Ohio made a historic Israel bond investment of $61 million, the largest one-day purchase by a single entity since the first bonds were issued in 1951. The investment raised the state’s total Israel bond holdings to $165 million.
State Treasurer Josh Mandel said, “First and foremost, we are making this investment because it’s a good investment for the taxpayers of Ohio. Second, we are making this investment in an effort to combat the bigotry of the BDS movement. Third, we are making this investment to stand with the only country in the Middle East that shares American values.”
On the same day as the state purchase, Summit County invested $1 million in Israel bonds, bringing its total Israel bond holdings to $3.9 million.
Additionally, on March 15, Cuyahoga County made a $6 million Israel bond investment.