Letters to the Editor: Central Bank ‘must stop funding genocide’

'By providing the gateway into Europe for Israel bonds, the CBI is making itself complicit in funding genocide and apartheid'

Palestinians line up for a meal in Rafah. 'Daily, we are seeing the ever-worsening genocide against the Palestinian people in Gaza'. Picture: Fatima Shbair/AP

We are deeply concerned that the Central Bank of Ireland (CBI) is acting as the regulator of Israel bonds in Europe, thereby facilitating their sale.

Israel bonds directly fund the genocide in Gaza. Established in 1951, the bonds raise funds for the Israeli treasury for use across the Israeli economy which includes the financing of the apartheid system, the Israeli military, and illegal settlements. They are now explicitly being marketed as ‘war bonds’. Israeli president Isaac Herzog has lauded “the crucial role of Israel bonds during this time of conflict and war”.