Overview

• Central Bank governor Gabriel Makhlouf told Public Accounts Committee chair Mairead Farrell that Luxembourg approved a new Israeli sovereign bond prospectus on September 1, 2025.
• From September 2, 2025, Israel cannot offer bonds under the 2024 prospectus previously approved in Ireland.
• Ireland had acted as the EU approving authority after the UK ceased the role post‑Brexit.
• Protesters and opposition parties in Ireland pressed for refusal and sought legislation to block authorization on human-rights grounds.
• The Government backed the Central Bank’s position that it must approve compliant documents under EU rules, while critics now criticize Luxembourg for continuing to facilitate the sales.