NJ invests $20 million in Israel Bonds
search

NJ invests $20 million in Israel Bonds

New Jersey’s Governor Phillip Murphy at the Kotel during a pre-pandemic trip to Israel.
New Jersey’s Governor Phillip Murphy at the Kotel during a pre-pandemic trip to Israel.

The State of New Jersey recently invested $20 million in Israel Bonds as an investment for its longstanding partnership with Israel. “The State of New Jersey is proud to purchase Israel Bonds — an affirmation of our confidence in the State of Israel and its economy,” Governor Phil Murphy said. “We are looking forward to deepening our partnership in the years ahead.”

New Jersey has been invested in Israel bonds over the last 20 years. “There has been a long collaboration between New Jersey and Israel,” Roy Tanzman, the campaign co-chair of Metropolitan New Jersey’s Israel Bonds Campaign, said. “We thank the administration for their support and commitment to Israel and its vibrant economy. New Jersey recognizes the value of investments in Israel bonds during these uncertain times.”

“I am appreciative of the State of New Jersey for its commitment to Israel over decades and its understanding of the quality of investments in Israel Bonds,” Howard Cohen, Metropolitan New Jersey Israel Bonds’ general chairman, said. “Israel’s Finance Ministry raised our national goals from $1.1 billion dollars to $1.5 billion dollars in 2020 due to the impact of covid-19,” Lee Schwartz, the executive director of the group’s New Jersey & Rockland County region, added. “The investment by the State of New Jersey is significant toward reaching this goal and strengthening their bond with Israel.”

“New Jersey and Israel are tied together in so many important ways, and this historic purchase of Israel Bonds by the state is another demonstration of our special relationship reaching new heights,” the executive director of the New Jersey-Israel Commission, Andrew Gross, said. “This investment is symbolic of the faith we place in the future of the State of Israel and its people, as we grow and innovate together.”

“I am delighted with the decision of the New Jersey Division of Investment to execute this purchase of Israel Bonds. Israel Bonds provide strong returns,” Mark S. Levenson, chair of the New Jersey-Israel Commission, said. “At the New Jersey-Israel Commission, we are pleased with this affirmation of the continuing and burgeoning economic and trade relationship between our great State of New Jersey and the State of Israel, one of America’s closest allies.”

For more information, call Lee Schwartz at (973) 715-7875 or email him at lee.schwartz@israelbonds.com. 

read more:
comments