web analytics
December 22, 2014 / 30 Kislev, 5775
 
At a Glance
News & Views
Sponsored Post
8000 meals Celebrate Eight Days of Chanukah – With 8,000 Free Meals Daily to Israel’s Poor

Join Meir Panim’s campaign to “light up” Chanukah for families in need.



Ohio purchases $42 Million in Israel Bonds

By: JTA

The state of Ohio has purchased $42 million in Israel Bonds, increasing the total amount of Israel Bonds in the state’s treasury portfolio to more than $80 million.

The March 1 purchase is the largest single government purchase of Israel Bonds in United States history, according to the Cleveland Jewish News.

“We believe this is a sound investment for the taxpayers of Ohio and consistent with our strategy of investing in safe and strong securities,” Ohio State Treasurer Josh Mandel, who is Jewish, told the Cleveland Jewish News.

The Ohio Revised Code was amended in 1993 to allow the state to invest in foreign bonds, according to the newspaper. In 2010, the Ohio Legislature passed Senate Bill 181, which allows the state treasury to increase debt earnings in foreign nations from one-half of 1 percent to 1 percent of the state’s portfolio, the Cleveland Jewish News reported.

The previous highest single purchase of Israel Bonds in U.S. history was $25 million, made by several states, Thomas Lockshin, executive director for Israel Bonds in Ohio and Kentucky, told the Cleveland Jewish News.

In November, Mandel lost his bid to unseat incumbent U.S. Sen. Sherrod Brown, D-Avon.

About the Author:


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

2 Responses to “Ohio purchases $42 Million in Israel Bonds”

  1. Samuel Ramos says:

    Why not, it’s a good investment. :-)

  2. John Keytack says:

    Why would anyone buy Israel Bonds any more? They are not the investment they used to be. They pay too little interest and take too long to mature.

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
Prime Minister Binyamin Netanyahu, Indian Prime Minister Narendra Modi meet in NY late Sunday, Sept. 28, 2014, ahead of Netanyahu's speech at UN General Assembly  set for the next day.
India May Pull Rug Out From Under Abbas in UN Vote
Latest News Stories

Egypt closed the crossing due the ongoing terror attacks against Egypt emanating from the Gaza Strip.

Prime Minister Binyamin Netanyahu, Indian Prime Minister Narendra Modi meet in NY late Sunday, Sept. 28, 2014, ahead of Netanyahu's speech at UN General Assembly  set for the next day.

India may pull its vote in favor of the PA resolution before the UN Security Council and instead choosing abstention.

A drone is targeted. (illustrative)

Arab media report Syria downed an Israeli drone over Quneitra, near the border between the two countries.

Eleven people were injured by a motorist who plowed into a crowd in southern France. The driver yelled "Allahu Akbar" as he attacked. Dec. 21, 2014

Man shouting “Allahu Akbar” drives car into crowd in the French city of Dijon.

Bereaved family says hit-and-run death was terrorism.

Anti-Zionist Arabs don’t always distinguish between Jews, Christians and Muslims.

Elections, and not Netanyahu, raised the minimum wage.

Palestinian Authority head says he can’t stop attacks on Jews.

Oscar-winner “Into the Arms of Strangers: Stories of the Kindertransport” has been selected for permanent preservation in the Library of Congress by the National Film Registry. The film, released in 2000, documents the rescue of some 10,000 predominantly Jewish children from Nazi-dominated Germany, Austria and Czechoslovakia in the months leading up to World War II. […]

Dr. Ben Carson is waiting for God to tell him if he should run for president.

Four arrested in crackdown on anti-assimilation group Lehava.

The decision of Uri Aril’s Tekuma faction to remain in the party and re-start a “Yesha faction” is a blessing.

PM Netanyahu lit the 5th Chanukah candle at the Kotel. We understand that he then sung a beautiful rendition of Maoz Tzur, but we unfortunately don’t have that on video.

It doesn’t pay to be a foreign volunteer soldier in the ISIS army.

This is the first flask of ritually pure olive oil made in 2000 years.

More Articles from JTA

Oscar-winner “Into the Arms of Strangers: Stories of the Kindertransport” has been selected for permanent preservation in the Library of Congress by the National Film Registry. The film, released in 2000, documents the rescue of some 10,000 predominantly Jewish children from Nazi-dominated Germany, Austria and Czechoslovakia in the months leading up to World War II. […]

Alan Gross with his Judy after his release from jail in Cuba.

“It was crucial to my survival knowing that I was not forgotten.“

Jeb Bush announced his intention to “actively” explore the presidency in a Christmas and Hanukkah greeting message. “Merry Christmas and Happy Hanukkah!” the former Florida governor Bush said in a Facebook message posted Tuesday. He described conversations he had with his family over Thanksgiving. “As a result of these conversations and thoughtful consideration of the […]

Swastikas were found spray-painted on a Tufts University building for the third time in nearly two years. The latest swastikas were found Saturday morning on the back wall of the Lewis Hall dormitory on the Somerville, Mass., campus, Boston.com reported. In June, swastikas were found on the university’s Granoff Family Hillel Center. In April 2013, […]

The ‘homely’ ancient rock, discovered in 1993, adds evidence of King David’s existence.

Sotloff, a grandson of Holocaust survivors, made aliyah in 2005.

Jewish communities in Australia remained under lockdown as a hostage crisis continued at a café in Sydney. The Community Security Group, which handles security for the Jewish communities of Australia, raised the threat level to severe on Monday after an apparent Islamist gunman entered a café in downtown Sydney and took dozens of hostages, the […]

Anti-Semites always are around to remind Jews to be scared.

Printed from: http://www.jewishpress.com/news/breaking-news/ohio-purchases-42-million-in-israel-bonds/2013/03/07/

Scan this QR code to visit this page online: