Ohio buys Israeli bonds, continuing to show support
Ohio is continuing to show support for Israel after the Hamas surprise attack on multiple Israeli locations since Saturday.
On Wednesday, Ohio Treasurer Robert Sprague announced plans to purchase $20 million in five-year, fixed-rate Israel Bonds, to provide funds to Israel.
The bonds will receive an interest rate of 5.74 percent, and will mature in five years.
Since 1993, Ohio has invested in Israeli bonds yearly and currently has a total of $187.5 million in Israeli bonds.
According to the state treasurer, Israel Bonds were first sold in 1951, and Israel has paid interest and principal payments on time.
The Governor ordered flags on all public buildings and grounds to be lowered to half-staff in response to the attacks on Israel on Monday. Flags will be at half-staff until sunset on Thursday.