NEW YORK (JTA) — Ohio bought $47.8 million in State of Israel Bonds, breaking its record for the largest single government purchase of Israel Bonds in U.S. history.
The purchase made earlier this month by the state’s Jewish treasurer, Josh Mandel, surpassed the mark of $42 million from 2013, the Cleveland Jewish News reported.
In addition to making the largest single purchase of Israel Bonds, Ohio also holds the record for the highest amount of Israel Bonds held by a state treasury at $105 million, according to the weekly, which noted the buy had bipartisan support in the state legislature.
“It shows the commitment the state of Ohio has made toward the State of Israel under Treasurer Mandel’s leadership, and it’s a solid investment for the state’s portfolio,” Alan Gottlieb, chairman of Israel Bonds for Greater Cleveland, told the Cleveland Jewish News.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.