We are analysing outstanding UK borrower Commercial Paper and Certificate of Deposit trends year to date until the 30th of September, 2023. According to the CMDportal Datasheet, the volume of CP/CD (excluding Sterling CD and SSA issuances) issued by UK residents in September fell by GBP4.2bn MoM to GBP37.5bn, a 10% decrease. This ends the trend of rising UK borrower Commercial Paper and Certificate of Deposit issuance over the previous 3-month period. What is the composition of the FIG - Bank Sterling Money Market? Why are Banks issuing less?