New Mexico buys $5 million in bonds

New Mexico purchased $5 million in Israel Bonds. Gov. Bill Richardson announced the purchase April 23, saying that the economies of New Mexico and Israel are similar and that New Mexico is committed to strengthening trade with the Jewish state. “Israel Bonds are a proven financial investment that we are proud to include in our portfolio,” Richardson said. “I am pleased that this purchase will help Israel move forward with important economic projects that will better the lives of its citizens.” Bonds President and CEO Joshua Matza said New Mexico’s “investment highlights the strong principles shared by the American people and the people of Israel – freedom, democratic values and the determination to surmount every challenge.”