Aviva Investors, the asset management division of the UK’s largest general insurer, purchased $108m worth of Israeli government bonds in January, Middle East Eye can reveal.
Governments issue bonds to raise money for public spending or to repay debts. For Israel, those bond sales have been crucial to the financing of its wars in Gaza, Lebanon and Iran.
According to data compiled by Profundo, an Amsterdam-based sustainability research firm and seen by MEE, Aviva Investors bought into all three tranches of Israel's $6bn international bond issuance on 30 January this year – acquiring $45.7m in five-year bonds, $25.7m in 10-year bonds, and $36.4m in 30-year bonds.
Among British investors, Aviva's purchase was the largest captured in Profundo’s dataset – which details which international investors bought Israeli bonds between late 2024 and early 2026.
The move also appears in sharp contrast with wider trends among British institutional investors, a growing number of which have reduced their holdings of Israeli investments.
