Texas is set to double its investment in Israel bonds, increasing the amount from about $140 million to $280 million. This move represents the largest single purchase of Israel bonds in the state’s history and will make Texas the second-largest U.S. state investor in these securities.
“Texas proudly stands with Israel,” said Acting Comptroller Kelly Hancock. “This expanded investment reinforces our long-standing relationship and shared commitment to faith, freedom and economic opportunity. Texas and Israel have built a partnership that stretches beyond finance, and this step reflects both our solidarity and our belief in what we can accomplish together.”
Since 1994, Texas has included Israel bonds as part of its diversified investment portfolio. These fixed-rate securities are issued by the government of Israel and have consistently paid principal and interest to investors globally.
In addition to financial investments, the Texas Economic Development & Tourism Office within the Governor’s office is preparing to open a State of Texas Israel Office in Jerusalem. This will be Texas’ first international office in the Middle East and its fourth worldwide. The new office aims to strengthen trade, innovation, and commercial relationships between Texas and Israel. Bilateral trade between the two entities nears $4 billion each year, with cooperation spanning sectors such as defense, energy, water technology, cybersecurity, and advanced manufacturing.
More information about state investments can be found on the Comptroller’s website.
