CFO Jimmy Patronis: Florida Treasury to Purchase Additional $120 Million in Israel Bonds

TALLAHASSEE, Fla. – Today, Florida Chief Financial Officer (CFO) Jimmy Patronis announced the Florida Treasury will invest an additional $120 million in Israel bonds. The announcement comes following terrorist attacks in Israel on October 7 and further highlights and strengthens the relationship between Florida and Israel.

After a recent purchase of $25 million in Israel Bonds, this additional bond purchase brings Florida’s total current investment in Israel bonds to $200 million, the largest total ever held at one time by the Florida Treasury.

Under CFO Patronis’ direction since 2017, the Florida Treasury has now purchased $310 million in Israel bonds to diversify the state’s investment portfolio as part of a long-range investment strategy that has generated approximately $6.4 million in interest from these investments.