Written answers

Wednesday, 17 September 2025

Photo of Ruairí Ó MurchúRuairí Ó Murchú (Louth, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

270. To ask the Minister for Finance to provide financial details and a timeline on the purchase and sale of Israeli war bonds by the Ireland Strategic Investment Fund; and if he will make a statement on the matter. [47596/25]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The National Treasury Management Agency (NTMA) has informed me that the Irish Strategic Investment Fund (ISIF) no longer holds Israeli Sovereign debt.

The following are the holdings in Israeli sovereign debt as at year end for 2021 to 2024 inclusive as per the relevant NTMA Annual Report.

Year Value
2021 €0.00m
2022 €2.69m
2023 €2.62m
2024 €3.62m
Given the geopolitical tensions and conflict in the Middle East, ISIF determined that the risk profile of a number of sovereign bond holdings in the region are no longer within its investment parameters. Following this determination, ISIF divested its holdings of sovereign debt issued by Egypt, Israel and Jordan and this divestment was completed by 10 July.

ISIF will continue to monitor its holdings to ensure that investments remain aligned with its risk profile and investment parameter.

Comments

No comments

Log in or join to post a public comment.