Florida is buying an additional $120 million in bonds to assist Israel during the growing conflict with Hamas in Gaza, state Chief Financial Officer Jimmy Patronis announced Tuesday.
The move followed the purchase of $25 million in bonds on Oct. 11 and brings the state’s current holdings in Israel bonds to $200 million, the Florida Department of Financial Services said in a news release.
Since 2017, Florida has purchased $310 million in Israel bonds, which have generated about $6.4 million in interest, the news release said.
©2023 The News Service of Florida