A promise needs
a record.
We want Arkansas’s investment decisions to change. Here is how we distinguish a public commitment from instructions, repayments, and an end to new purchases.
The starting point
The records currently available show historical investments and funding. They do not establish an official commitment to stop new purchases or a withdrawal resulting from the campaign.
Last reviewed: September 28, 2026. We update this page when new documents establish a change. This date identifies our review, not necessarily when an agency provided records.
New purchases on the record
Records received in September 2026 show Arkansas institutions adding to Israel Bonds, not stopping. A preliminary custody report APERS produced for September 7, 2026 lists a second Israel Bond, $10 million, for $25 million on that report. ATRS’s manager bought a $9.9 million Israel Bond in February 2026, and its second-quarter report sets a long-term objective of more Israel Bonds, no more than $10 million a year.
What we will check
- Commitment: an attributable written statement identifies the institution, scope and timetable.
- Implementation: a board resolution, policy change, or investment instruction puts the commitment into effect.
- Receipt: records show principal was actually received, with the amount and date.
- Continued exclusion: subsequent holdings and transaction records show whether new purchases, renewals or reinvestments occurred.
- Campaign contribution: correspondence or another attributable record supports a connection to the campaign. An ordinary maturity alone does not establish that connection.
A new purchase after a commitment, a rejected demand, or a failure to implement belongs in this record when documented.
Where each institution stands
Status on each check at our September 28, 2026 review, using the definitions above.
| Check | State Treasury | APERS | ATRS |
|---|---|---|---|
| Commitment | Not established | Not established | Not established |
| Implementation | Not established | Not established | Not established |
| Receipt | Not established | No maturity yet | No maturity yet |
| Continued exclusion | Not established | Second bond added | $9.9 million bond bought |
| Campaign contribution | Not established | Not established | Not established |
“Second bond added” and “bought” come from the new purchases section above. “No maturity yet” means no bond in that record has reached its maturity date.
November 1: check the next decision
The June 2025 Treasury statement scheduled two $5 million positions to mature on October 1, 2026 and one $10 million position on November 1, 2026. The October 1 date has passed, and receipt of that $10 million is not established. We will compare those entries with a later inventory, actual receipts, and subsequent investment activity before reporting a change.
When the bonds come due
Maturity dates
Each date comes from the record named beside it. The Treasury dates are maturities scheduled on its June 30, 2025 statement; later ownership and receipt are not established. The amounts come from different record dates, so they are not added together. Red marks the next Treasury date, November 1, 2026. Reviewed September 28, 2026. See every record in the ledger.
The dates as a list
- State Treasury$10 millionscheduled, two $5 million positions · June 30, 2025 statement · date passed; receipt not established
- State Treasury$10 millionscheduled, one position · June 30, 2025 statement
- APERS$15 millionone position · preliminary report, September 7, 2026
- State Treasury$10 millionscheduled, one position · June 30, 2025 statement
- APERS$10 millionone position · preliminary report, September 7, 2026
- State Treasury$10 millionscheduled, one position · June 30, 2025 statement
- State Treasury$10 millionscheduled, one position · June 30, 2025 statement
- ATRS$9.9 millionone position · July 31, 2026 worksheet
See the positions and their source. Ask the Treasury for a written commitment now.
Put the demand to Thurston.
Write or call the Treasury