web analytics
March 4, 2015 / 13 Adar , 5775
At a Glance
News & Views
Sponsored Post


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.

Current Top Story
The Department of Justice concluded Michael Brown did not have his hands up in surrender when Officer Wilson shot him in August, 2014, in Ferguson, Missouri.
His Hands Weren’t Up: DoJ Clears Ferguson Police Officer
Latest News Stories
The Department of Justice concluded Michael Brown did not have his hands up in surrender when Officer Wilson shot him in August, 2014, in Ferguson, Missouri.

Ferguson police officer cleared by Justice Department of civil rights charges in shooting of Michael Brown.

Rocket Gazing - Watching an Iron Dome intercept in Tel Aviv.

When Hamas launches rockets at Tel Aviv, only 100,000 people will need to seek shelter, instead of 400,000.

Two Islamic holidays have officially been added to the New York City public school calendar, closing schools on those days starting next year.

Marble relief of Moses by artist Jean de Marco in U.S House of Representatives Chamber at the U.S. Capitol building.

It was probably the first time that the marble relief portrait of Moses hanging in the House Chamber ever received such public acknowledgement.

If President Obama isn’t going to listen to Netanyahu, at least he should listen to the concrete proposals by members of his own Democratic party.

Eli Yishai is starting to surge upward.

State Dept. press briefing reporter: ‘Netanyahu said Iran and ISIS are working together.’ No, he said the opposite.

Andrea Shea King singled out the Black Congressional Caucus in a racist rant.

One issue the anti-Netanyahu parties and their media boosters don’t talk about is daily terror.

The anti-Bibi barrage last week cost him a grand total of two seats, which went to other parties but not to Bujie and Tzipi.

Rav Ovadia Yosef’s hat and robes made an appearance at a Shas political rally on Tuesday.

Don’t listen just to Bibi, President Obama, but to your own experts, right there in Washington DC.

She was brought to tears and “saddened by the insult to the intelligence of the United States.”

Jordan’s King Abdullah II warns the battle against Daesh, known as ISIS, has launched World War III, although the U.S.-led coalition fighting the terror group may not yet know it.

Pres. Barack Obama says Israel’s prime minister offered “no viable alternative” to the current deal with Iran. Here’s how it lines up.

Dozens of Democrats gathered to spew a stream of venom before the cameras Tuesday at Israel’s prime minister after his speech to Congress.

More Articles from JTA

More than 20 cars and buildings in a Jewish community in north London were vandalized with swastikas. The Nazi symbol was drawn on approximately 27 cars in the Osbaldeston Road area of Stoke Newington on Sunday night, The Daily Mail reported. An unnamed 32-year-old man was arrested in connection with the vandalism Tuesday. The neighborhood […]

New York State Assemblyman Dov Hikind called on the Jewish community to attend the funeral of an assassinated New York police officer. “The brave men and women of the NYPD risk their lives every day to protect us. We value them and stand with them,” Hikind, a Democrat who represents Brooklyn, said in a statement […]

“Move Jew” scrawled on a Philadelphia home and slurs written on a synagogue and 10 garages in Chicago.

The Nazis nearly destroyed the 17th synagogue.

Cuba has “the largest pool of untapped baseball talent in the world, and Major League Baseball may tap and leave Cuba dry.

Argentina’s president Christina Fernandez has accepted an official Jewish godson for the first time in the country’s history to help counter legend of death to a seventh son. She described in seven tweets her meeting with her new godson, Yair Tawil, a member of a Chabad-Lubavitch family. He was adopted as a godson under a […]

A fundraising campaign started quietly by two first graders two years ago to help find a cure for a rare genetic disease just passed the $1 million mark.

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: