Sterling

◆ Stellantis sees stronger demand for shorter leg of €1.25bn dual trancher ◆ RCI Banque prices €750m 5.2 year tightly ◆ Ford finds demand in short end sterling

◆ Province lands £600m 2030 debut inside British Columbia ◆ Book tops £1.8bn as investors back high-grade Canadian name ◆ Cross-currency basis and Gilt spreads keep sterling window open for Canadians

◆ Priced 5bp through TD's equivalent euro level, lead says ◆ Bank's first sterling deal in three years ◆ Joins rush of FIG issuance in currency

◆ Lead points to high-quality book ◆ Subscription ratio slips from prior tap ◆ Maturity had 'pretty clear consensus'

◆ Larger than average tranche sizes and price moves ◆ Encouraging sign for sterling issuance ◆ NIP debated

Universal Music, Alstom and Sanctuary Group among those lining up euro and sterling trades

UniCredit and Korea Housing Finance Corporation have started the week of issuance with deal announcements

◆ Province's Greg Horan and Jason Lewis on new £1bn six year line ◆ Captured first-mover advantage ◆ Last minute pivot from US dollars to sterling paid off

◆ Björn Schlebach and Sven Wabbels on sterling trade ◆ Issuer held out for cross-currency to align ◆ Year's tightest Gilt print, at plus 4bp

◆ New sterling line, not headlines ◆ When the numbers finally work ◆ Three pillars hold the book

◆ Forth FIG issuer to bring sterling SNP this week ◆ Attractive pricing versus euros ◆ Dutch bank 'the type of credit that helps you sleep at night' says lead

◆ Week's third FIG sterling deal to take advantage of opportunistic Gilts arb this ◆ Issuer's second sterling deal this year ◆ Follows multi-tranche yen issuance across the capital stack