Montgomery, AL – In a recent announcement, Governor Kay Ivey and State Treasurer Young Boozer expressed their commitment to bolstering the State of Alabama’s investment in Israeli bond holdings, reaffirming their unwavering support for the nation of Israel.
Governor Ivey emphasized Alabama’s unequivocal solidarity with Israel, a long-standing ally, and expressed pride in the decision to increase investment in Israeli bonds. She highlighted Alabama’s historical relationship with Israel, noting that it was the first state in the U.S. to officially recognize Israel as a nation. Governor Ivey underlined the state’s dedication to standing by Israel during these challenging times, as the nation continues to defend itself and its people.
The Israeli government is set to issue new bonds, and Alabama has been given a prominent position among institutional buyers. The State Treasurer’s Office has expressed its commitment to expanding its holdings as soon as these new bonds become available.
State Treasurer Young Boozer echoed the sentiment of resilience and faith in Israel’s ability to overcome challenges. He stated that investing in Israel Bonds reflects Alabama’s enduring belief in Israel’s resilience and its significant contributions to the global economy. The investment serves as a testament to the state’s confidence in Israel’s ability to navigate through difficulties and continue to thrive.
Israel has a well-documented history of resilience and innovation, consistently demonstrating its capacity to endure crises. Alabama’s decision to invest in Israel bond holdings is a gesture of support for Israel’s ongoing efforts, economic stability, and future growth, particularly during times of conflict.
The State Treasurer’s Office has been investing in Israel bonds since 2016, and this decision further strengthens the bond between Alabama and Israel, highlighting the state’s commitment to its long-time ally.
