Labour bill seeks to ban Central Bank from approving Israeli war bond sales

Labour bill would block the Central Bank from approving Israeli bond sales and protect workers who reject settlement goods

Labour's Duncan Smith: 'We feel that there is a mechanism to ban this practice to stop us selling war bonds for an occupying power.' Picture: Stephen Collins/Collins

The Central Bank would be banned from preparing prospectuses for the sale of Israeli bonds under a Labour bill to be published this week.

Labour's Duncan Smith will introduce his Occupying Power (Securities and Handling of Settlement Goods) Bill 2025 to the Dáil, which would stop the Central Bank from giving information on the sale of bonds from countries which are deemed to be occupying powers.