Swedish krona prepares for midsummer break

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Swedish krona prepares for midsummer break

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3d rendering of a Kingdom of Sweden flag waving on wooden background | erllre - Fotolia

Issuance in Swedish kronor picked up this week, with three corporate issuers placing Skr6.28bn ($667.9m) across four private placements, as issuers looked to get in ahead of the midsummer break. In euros, a Dutch and French agency both placed paper, while protests in Hong Kong caused yields to spike in offshore Chinese renminbi and Hong Kong dollars.

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