apple announced a £ 1bn ( $ 5000 ) five - year no - nonsense SONIA - linked investment fund FRN on 3 January . The deal was priced at 28bp over SONIA , 2bp tighter than IPTs .
EIB sold a £1bn ($1.3bn) three-year no-grow SONIA-linked Reg S FRN on 3 January. The deal was priced at 28bp over SONIA, 2bp tighter than IPTs.