Documents — Read the Primary Records
Signed minutes, financial memoranda, transaction records, and manager-funding documents behind the site's principal findings.
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These are the records most useful for understanding Arkansas’s Israel Bonds decisions. Each page gives the agency, date, exact location, a plain-language explanation, and a link to the excerpt.
Some agency files contain bank account numbers or operational details. Arkansans for Pension Integrity masks those fields, identifies the treatment on each document page, and keeps the words, dates, amounts, and decision fields visible.
The shortest reading path: Open Aon’s two-page ATRS memo, the APERS signed minutes and purchase record, and Treasury’s internal credit overview and bondholder statement. Together they show the advice, authorizations, and transactions at the center of the campaign.
ATRS
Teacher retirement documents
- Aon implementation and manager-selection memo ATRS Board packet pages 149–150. Aon compares managers, recommends Reams, discusses limited marketability, and assigns the investment decision to trustees. June 2, 2025 · 2 pages
- Executed ATRS Resolution 2025-22 The signed resolution authorizing up to $50 million and delegating implementation authority. June 2, 2025 · 2 pages
- ATRS Board update on manager funding The Board update reporting $50 million funded to the Reams account created for the strategy. December 29, 2025 · 1 page
APERS
Public employee retirement documents
- APERS Investment Finance Subcommittee signed minutes The proxy role, motion, $25–$50 million range, and recorded outcome. May 15, 2025 · 2 selected pages
- APERS chief investment officer email The officer's February 2026 account of Board preparation for the decision. Campaign-applied masking hides unrelated personal information. February 13, 2026 · 1 page
- APERS $15 million purchase record Transaction amount, date, beneficiary, and security fields for the two-year institutional bond. Account and operational fields are masked. October 15, 2025 · 1 page
State Treasury
Treasury documents
- Treasury internal credit overview A two-page overview of rating pressure, scheduled maturities, and the recommendation to hold existing positions and continue monitoring. October 8, 2024 · 2 pages
- Treasury June 2025 bondholder statement A dated statement showing security-level positions after the May purchase. Account identifiers are omitted from the excerpt. June 30, 2025 · 1 page
- Treasury final-maturity cash-flow record The $5 million February 2026 maturity used to derive the current $50 million completed-purchase total. February 2, 2026 · 1 page
- Treasury outgoing-payment report A $10 million payment instruction that the bank report still showed as processing. Sensitive bank and operational fields are masked. February 17, 2026 · 1 page
Additional context
Earlier purchases and public promotion
- Treasury purchase confirmation — November 2023 An earlier $10 million State Treasury purchase confirmation. State Treasury
- Treasury purchase confirmation — May 2025 One of the confirmations supporting the $20 million in new Treasury positions that settled in May. State Treasury
- Seller follow-up to APERS leadership A seller-authored message citing the Treasury's new purchase during follow-up outreach to APERS. APERS files · selected pages
- Seller correspondence with the Auditor of State Correspondence showing the relationship and political context surrounding the investment's public promotion. Auditor of State files
- State Treasury investment policy The Treasury's policy framework for public investments. 2022