Arizona Treasurer Kimberly Yee Announces Commitment to Increasing Israel Bond Holdings in Support of the State of Israel

Published by The Bee News

October 16, 2023

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PHOENIX, AZ – Arizona Treasurer Kimberly Yee announced that the Arizona State Treasurer’s Office plans to increase Israel bond holdings to support Israel during this time of crisis. The Arizona State Treasurer’s Office has been investing in Israel bonds since 2013 and currently has $15 million in holdings, much of which were purchased under the leadership of Arizona Treasurer Kimberly Yee. 

“In the wake of the distressing news of the horrific terrorist attacks in Israel, I promptly directed my investment team to contact our esteemed partners in Israel to increase our Israel bond holdings as we continue to stand firmly with Israel,” said Arizona Treasurer Kimberly Yee. “The state of Arizona is a friend and ally of Israel, and it is imperative that we support them through our actions, and not just our words.”

The Israeli government will be issuing new bonds and Arizona has been placed at the forefront of the list of institutional buyers. As soon as these bonds are accessible, the Arizona State Treasurer’s Office is committed to increasing its holdings.

“Israel bonds are a secure and reliable investment option that not only contributes to the Arizona Treasury’s diversified investment portfolio, but also strengthens our support and partnership with the State of Israel,” said Arizona Treasurer Kimberly Yee. “Investing in Israel bonds is something that I not only support, but also urge my fellow state financial officers to do as well, especially in this time of crisis. In this time of adversity, it is our duty to stand resolute and support Israel as a nation.”

Israel bonds serve as an investment option for individuals, institutions and nations worldwide to support the economic growth and stability of the State of Israel. Investments in Israeli bonds offer both reliable financial returns and contribute to Israel’s economic and strategic well-being.

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