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◆ No competition from similar Contact Energy ◆ Stedin seals larger than average spread move ◆ Investors left book as price ground tighter
    
    
      
        
    
      
    
    
    
  ◆ Investors leap at chance to buy rare Kiwi corporate risk ◆ Green bond's price move surpasses expectations ◆ Pricing in euros 'competitive' 
    
    
      
        
    
      
    
    
    
  With the Fed tipped to ease again, bankers say curves could grind flatter at the front end
    
    
      
        
    
      
    
    
    
  Issuers paid higher new issue concessions this week as investors turned more selective
    
    
      
        
    
      
    
    
    
  
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            Companies jump in before Juneteenth holiday on Thursday
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            Ignoring terrible news is the only way to act in this market
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            Strong conditions and looming US tariff deadline set to lure more issuers next week
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            ◆ Hyundai’s US arm drums up blowout response in euros ◆ Telefónica rings in solid trade ◆ SEB proves unrated spreads can be modest
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            White House mis-steps have raised hopes the euro can supplant the dollar
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            ◆ Hybrids fight for attention alongside SLBs and green bonds ◆ Books remain well subscribed ◆ But pressure is building for market sentiment to sharply turn