I suppose we should be used to it at this stage but it still sticks in the throat when it happens.
The NTMA tends to issue roughly 10bn euro's worth of long term bonds this year, €3 billion in the first quarter of the year, followed by €2.5 billion in the second and then €2 billion in each of the third and fourth quarter. Germans parliamentarians got to see this schedule yesterday and thanks to Cantillon in the Irish Times, their Irish counterparts will have had the opportunity to have read about it over their cornflakes and coffee this morning.
I don't get why this needs to happen. This is not money we'll be borrowing from the Troika so it's not Germany's business. Anyway, why do the Germans get to see this before anyone else - not just us? I don't see it being studied in e.g. the French or Belgian parliaments. Can anyone enlighten me?
Bundestag gets to see Irish government borrowing schedule before Dáil