Florida CFO Jimmy Patronis (File)

Florida Buys More Israel Bonds

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.
Florida Chief Financial Officer Jimmy Patronis (File)

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.

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