Central Bank Confirms It Is No Longer Approving Israeli Bond Prospectus
The Central Bank of Ireland has confirmed it is no longer the approving authority for the latest bond prospectus issued by the State of Israel, following controversy and public pressure.
Governor Gabriel Makhlouf clarified in a letter to Mairead Farrell, chair of the Public Accounts Committee, that a new Israeli bond prospectus has been approved by financial authorities in Luxembourg instead.
“Accordingly, from 2 September 2025, it will not be possible for the State of Israel to offer bonds under the 2024 prospectus,” Mr Makhlouf stated.
“In accordance with the provisions of the prospectus regulation concerning home member states and the transfer of approval, the competent authority of Luxembourg approved a new prospectus for the State of Israel today, 1 September 2025.”
The development follows recent widespread protests and calls from campaigners and TDs urging the Central Bank not to renew approval of the previous bond prospectus, which was due to expire on Monday.
The 2024 prospectus had previously listed Ireland as the “home member state” for Israeli bond offerings — a move that drew backlash amid ongoing tensions and conflict in the region.
The Central Bank had faced increasing pressure to reject any further involvement in facilitating Israeli bond sales via Ireland.
