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Ireland's central bank to stop approving sale of Israeli 'war bonds'

Ireland's central bank to stop approving sale of Israeli 'war bonds'

Ireland's central bank has said it will no longer approve the sale of Israeli "war bonds" in a landmark move.

The Central Bank of Ireland is the only regulating authority in the EU that approves Israel's war bonds for sale across the bloc.

The Development Company for Israel Ltd sells the bonds on Israel's behalf to fund the country's military operations in Gaza.

This week the central bank said it will not renew approval for Israeli war bonds after it expires on Monday.

Central Bank governor Gabriel Makhlouf announced the move on Monday, saying: "The Central Bank’s approval of the 2024 [Israeli bond] prospectus will expire today, 1 September 2025.

Read more: Ireland's central bank to stop approving sale of Israeli 'war bonds'

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