Texas has announced it will double its investment in Israel bonds from about $140 million to $280 million. This move marks the largest single purchase of Israel bonds in the state’s history and raises Texas’ rank among U.S. state investors from sixth to second place.
“Texas proudly stands with Israel,” said Acting Texas 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.”
The state has included Israel bonds as part of its diversified investment strategy since 1994. These fixed-rate securities are issued by the government of Israel and have consistently met principal and interest obligations for investors globally.
In addition to the increased investment, the Texas Economic Development & Tourism 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 overall, aimed at strengthening trade, innovation, and business connections between Texas and Israel. Bilateral trade between the two economies is nearing $4 billion each year, with cooperation across sectors such as defense, energy, water technology, cybersecurity, and advanced manufacturing.
For more details on state investments or information about the Texas Treasury Safekeeping Trust Company, visit the Comptroller’s website.
