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Sweden heavily redacts Blackrock report on credit market woes

Earlier this year, Sweden's credit market cheered as the world’s oldest central bank brought in consultants from Blackrock to help it move ahead with a controversial corporate bond purchase program.

The Swedish central bank, Riksbanken. | Photo: Riksbank

Now, the cheering has turned to disbelief as it becomes clear Sweden's Riksbank won't share any of the findings Blackrock made with the very market the program is intended to help.

In response to a request by Bloomberg News for details of Blackrock's research, the Riksbank sent a heavily redacted document consisting of 19 pages.

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