Current position
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Confirmed exited
Michigan State Employees' Retirement System
$0
$10M
Historical total
n/a
Coupon
Matured 2025-11-01
Maturity
CONFIDENCE 85/100: how sure we are of this entity's status today (see methodology)
$10M DCI bond purchased Nov 2023 matured Nov 1, 2025 and was not reinvested, making SMRS the first U.S. state retirement system free of Israel Bonds in 30 years. Treasury confirmed via records request that it holds none and has no pending trades.
Bond records
| Event | Date | Amount | Notes |
|---|---|---|---|
| Purchase | Nov 2023 | $10M | Two-year DCI bond |
| Maturity, not reinvested | 2025-11-01 | $10M | Confirmed exit after year-long Michigan Divest campaign |
Sources: don't take our word for it
- activist researchMichigan Divest / IAC: SMRS drops all Israel Bonds, Dec 8 2025open ↗
- pressWaging Nonviolence: 3 local campaigns won divestment, Feb 12 2026open ↗
- pressElectronic Intifada: How activists kicked Israel Bonds out of Michigan, Jun 2 2026open ↗
Act on this
Get involved in MI
Michigan Divest coalition is working on Israel Bonds divestment in this state. Production version: one-tap signup, chapter contact, and vetting info.
Join the campaign