Sweden to brave first five year in euros post QE

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Sweden to brave first five year in euros post QE

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Sweden broke the trend among European sovereigns for longer dated euro issuance this year, by mandating banks for a trade in the belly of the curve on Wednesday. The deal should provide a test case for euro deals at the shorter end since euro curves flattened after the European Central Bank announced it would buy sovereign debt up to 30 years, said SSA bankers.

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