The New York State Common Retirement Fund has invested in Israel bonds.
On the eve of the Jewish New Year, New York State comptroller Alan G. Hevesi conveyed official greetings to the State of Israel, accompanied by a $20 million check.
The check was given to State of Israel bonds president and CEO Joshua Matza last week. The sum was in return for Israel bonds purchased as an investment by the New York State Common Retirement Fund.
Matza said that the purchase indicated the New York State's ongoing commitment to strengthen Israel's economy, "at a difficult and decisive moment in history".
Published by Globes [online] - www.globes.co.il - on 07 October 2003