‘Illegal and immoral’: How Luxembourg became the EU hub for Israeli war bonds

‘Illegal and immoral’: How Luxembourg became the EU hub for Israeli war bonds Submitted by Sebastian Shehadi on Thu, 06/11/2026 - 12:23 The grand duchy stepped in to approve bond sales after public pressure forced Ireland to give up the role. Now it faces accusations of complicity in genocide Israel Bonds have been marketed as an opportunity for investors to show their support for the country's military campaigns (Screengrab/X) Off On 1 September 2025, a little-noticed administrative decision by the financial regulator of one of Europe's smallest countries set off a legal storm that is still building. The regulator, Luxembourg's Commission de Surveillance du Secteur Financier (CSSF), approved a prospectus for Israel's diaspora bond programme allowing it to sell its "Israel Bonds" to retail investors across the European Union.