CPPIB sells floater in waning sterling market
![STUTTGART, GERMANY - Mar 14, 2021: Person holding mobile phone with logo of Canada Pension Plan Investment Board on screen with webpage](https://assets.euromoneydigital.com/dims4/default/4620b94/2147483647/strip/true/crop/4500x3375+0+0/resize/840x630!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fe0%2Fd7%2Fbad061e348c1b8fc234ff85cb09e%2Fcppib-adobestock-march22.jpeg)
Rare FRN structure is not enough of a selling point to move spread during bookbuilding
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