Palm Beach County Considers Investing $15M in Israel Bonds

[South Florida Sun-Sentinel] Josh Hafenbrack - Palm Beach County is looking to buy $15 million in bonds issued by the State of Israel. It "gives us a better rate of return than other bonds that we have, and it's helping a country that's a friend and ally of the United States," said Commissioner Burt Aaronson, who leads the county's investment policy committee. The Florida state government is a longtime investor in Israel, currently holding at least $230 million in Israeli securities, according to a legislative analysis.


2007-07-04 01:00:00

Full Article

BACK

Visit the Daily Alert Archive