Friday, February 4, 2005

TEXAS TO INVEST $4 MILLION IN ISRAEL

Texas Invests $4 Million in State of Israel Bonds (East Texas Review)
Texas Comptroller Carole Keeton Strayhorn announced the Texas Treasury purchased $2 million in new State of Israel bonds and has renewed $2 million in bonds that are scheduled to mature at the end of this month. The purchase of the new bonds and the renewal of the mature bonds will bring the Texas Treasury's total investment in State of Israel bonds to $20 million. Texas began purchasing State of Israel bonds in 1994. "I am a staunch believer in the State of Israel," Strayhorn said. "These bonds have proven to be a sound investment and will pay solid dividends for Texas for years to come."

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