Pearse Doherty
Ceist:455. Deputy Pearse Doherty asked the Tánaiste and Minister for Finance to confirm that the Future Ireland Fund and Infrastructure, Climate, and Nature Fund do not hold an Israel sovereign debt. [39445/26]
Amharc ar fhreagraTuesday, 26 May 2026
Ceisteanna (455)
Freagraí scríofa
I wish to advise the Deputy that the Future Ireland Fund (FIF) and the Infrastructure, Climate and Nature Fund (ICNF) disclose details of individual investments on an annual basis in the NTMA Annual Report.
Detailed schedules of investments held by the FIF and ICNF, as at 31 December 2024, are published in the NTMA’s 2024 Annual Report, which is available on the NTMA’s website.
At 31st December 2024, the FIF and ICNF did not hold any Israeli government bonds.
Holdings as at 31 December 2025 will be included in the NTMA’s 2025 Annual Report which will be published in the coming months.
I would note that during 2024 and 2025, the FIF and ICNF were invested in accordance with their respective interim investment strategies which restricted investments to the following permitted euro-denominated assets:
Sovereign debt, limited to debt issued or guaranteed by a central government in the Euro-Area
Quasi-sovereign debt limited to:
• Debt issued by a region, province, state or city
• Debt issued by an international government organisation
• Debt issued by a government agency, or supranational
Cash
In 2025 the NTMA announced that it had divested its holding in Israeli sovereign bonds, alongside those of Egypt and Jordan. I understand the Agency has ceased investing in Israeli sovereign bonds and does not intend to invest in such bonds in the future.