Luxembourg Halts Approval of Israeli Bond Issuance, Clouding Its Prospects for Borrowing in EU Markets
Luxembourg's financial regulator, the CSSF, has decided not to renew the prospectus for Israeli bonds, which expired on Monday (August 31). This move casts uncertainty over Israel's annual borrowing of approximately $2.5 billion from the EU market. Previously, Ireland had also ceased approving Israeli bond issuances. Amnesty International has called on EU member states to stop selling Israeli bonds to avoid "complicity in Israel's genocide against Palestinians in the Gaza Strip," as bond funds could be used for military expenditures.
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