Current position
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Bonds Suspected
Palm Beach County (Clerk & Comptroller)
$700M
n/a
Historical total
n/a
Coupon
Various
Maturity
CONFIDENCE 70/100: how sure we are of this entity's status today (see methodology)
Roughly $700M, about 15% of the county's $4.67B portfolio, making it the world's largest Israel Bonds investor. Residents sued the Comptroller in May 2024 alleging breach of fiduciary duty.
Bond records
| Event | Date | Amount | Notes |
|---|---|---|---|
| Purchase | Oct 2023 | $160M | Announced alongside Israel Bonds' Palm Beach director |
| Holding | Mar 2024 | $700M | ~15% of $4.67B portfolio after cap lifted from 10% |
| Lawsuit filed | May 2024 | n/a | Three residents allege investment for ideological reasons |
Sources: don't take our word for it
- investigationICIJ: Inside the sales operation funneling billions to Israel, Jul 25 2024open ↗
- issuerIsrael Bonds press release: $3B in sales since Oct 7, Apr 17 2024open ↗
Act on this
● Keep the pressure on
Tell Palm Beach County Clerk & Comptroller: no new Israel Bonds
This office is tracked as a current or suspected holder. Bond maturities are decision points, and sustained public pressure is exactly how Michigan, Minnesota, North Carolina, and Maryland won.
To: [office of Palm Beach County Clerk & Comptroller]
Subject: Do not reinvest maturing Israel Bonds
Dear Palm Beach County Clerk & Comptroller:
I am a Florida resident writing about public funds invested in Israel Bonds (Development Corporation for Israel). These bonds are unrestricted loans to the Israeli government during its war on Gaza, and all three major credit rating agencies have downgraded Israel's debt since October 2023.
As these bonds mature, I urge Palm Beach County Clerk & Comptroller not to reinvest in Israel Bonds, and to publish a full public accounting of past and current holdings.
Thank you,
[Your name]
[City, FL]
Prefer to call? 561-355-2996
Call script: "Hello, my name is [your name] and I am a Florida resident. I am calling about public funds invested in Israel Bonds through the Development Corporation for Israel. I am asking that Palm Beach County Clerk & Comptroller not reinvest as these bonds mature, and that it publish a full public accounting of past and current holdings. Thank you."
Call script: "Hello, my name is [your name] and I am a Florida resident. I am calling about public funds invested in Israel Bonds through the Development Corporation for Israel. I am asking that Palm Beach County Clerk & Comptroller not reinvest as these bonds mature, and that it publish a full public accounting of past and current holdings. Thank you."
Subject: Do not reinvest maturing Israel Bonds
Dear Palm Beach County Clerk & Comptroller:
I am a Florida resident writing about public funds invested in Israel Bonds (Development Corporation for Israel). These bonds are unrestricted loans to the Israeli government during its war on Gaza, and all three major credit rating agencies have downgraded Israel's debt since October 2023.
As these bonds mature, I urge Palm Beach County Clerk & Comptroller not to reinvest in Israel Bonds, and to publish a full public accounting of past and current holdings.
Thank you,
[Your name]
[City, FL]
"Hello, my name is [your name] and I am a Florida resident. I am calling about public funds invested in Israel Bonds through the Development Corporation for Israel. I am asking that Palm Beach County Clerk & Comptroller not reinvest as these bonds mature, and that it publish a full public accounting of past and current holdings. Thank you."
Get involved in FL
Local divestment campaign forming, South Florida is working on Israel Bonds divestment in this state. Production version: one-tap signup, chapter contact, and vetting info.
Join the campaign