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Thursday, March 07, 2013

#BDSFail State of Ohio buys $42 million of Israel bonds

The State of Ohio has purchased $42 million of Israel bonds, which represents the largest purchase of Israel bonds ever by a US governmental unit.

The purchase was completed March 1. Mandel’s office in Columbus announced it to the Cleveland Jewish News that day.
“We believe this is a sound investment for the taxpayers of Ohio and consistent with our strategy of investing in safe and strong securities,” Mandel said in a telephone interview March 4.
The investment increases the total amount of Israel Bonds in the Ohio treasury portfolio to more than $80 million, the largest amount of Israel bonds held by an Ohio treasurer, according to information provided by Mandel’s office.
“During our administration, we’ve managed to earn a ‘AAA’ credit rating on our multibillion-dollar STAR investment fund, as well as earning the first upgrade in a decade on the Ohio Enterprise Bond Fund,” Mandel said.
“This investment fits into the strategy that has produced positive results for us over the past couple years.”
 Good for him. Thanks Josh.

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At 11:59 PM, Blogger Captain.H said...

I'm curious. Carl, may an American private citizen legally buy Israel Bonds? And, if so, how?

I'm a CUFI member and if this is legal and can be done without major bureaucratic hassles, I'd like to pass the info on to fellow CUFI members, via the CUFI website. I'm sure many CUFI members would be interested in buying these bonds, as a tangible way of supporting Israel.

At 1:38 AM, Blogger Carl in Jerusalem said...

Captain H,

Yes, you can buy Israel Bonds. Go here:



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