It is important to state clearly that the Central Bank did not, at any point, sell or oversee the sale of Israeli Bonds, the Bonds were not listed for sale in Ireland previously and are not sold in Ireland currently. The Central Bank did not authorise, endorse or regulate the bonds issued under the Israeli bond programme. This point has been made on a number of times in the past.
The Central Bank assessed and approved previous bond prospectuses (financial disclosure documents) as meeting the requirements of the EU Prospectus Regulation. Where those requirements are met the Central Bank is required by EU law to approve the document.
The approval of a prospectus document is a matter for the Central Bank of Ireland as the designated competent authority under the EU Prospectus Regulation. It is a regulatory matter and one in which I have no role.
However, in relation to issues that have arisen on this topic such as Parliamentary Questions, Dail debates or Private Members Bills or Motions etc, my Officials have had regular engagements with officials from the Central Bank of Ireland and liaised with the Department of Foreign Affairs and Trade as that department is the lead Department of Government on overseas matters.
As was mentioned during the Second Stage debate on the recent Private Members Bill, (Restrictive Financial Measures (State of Israel) Bill 2025), legal advice was sought from the Attorney General.
Finally, on 11 July 2025 Minister Troy met with the Palestinian Ambassador to Ireland Dr. Jilan Wahba Abdalmajid to discuss the Government's work in relation to supporting the people of Palestine.