"Group announces 578 mln stg Credit Suisse contract" What does stg mean?

stg appears often on financial pages.

%26quot;Group announces 578 mln stg Credit Suisse contract%26quot; What does stg mean?

STG usually means Sterling as in Pounds Sterling (GBP)

%26quot;Group announces 578 mln stg Credit Suisse contract%26quot; What does stg mean?

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%26quot;Group announces 578 mln stg Credit Suisse contract%26quot; What does stg mean?

standard grade

%26quot;Group announces 578 mln stg Credit Suisse contract%26quot; What does stg mean?

Sterling as in UK 鎷?Sterling

%26quot;Group announces 578 mln stg Credit Suisse contract%26quot; What does stg mean?

I think it means %26quot;sterling%26quot;.

%26quot;Group announces 578 mln stg Credit Suisse contract%26quot; What does stg mean?

Sterling, our currency. 鎷?

%26quot;Group announces 578 mln stg Credit Suisse contract%26quot; What does stg mean?

It is a market shorthand for sterling

%26quot;Group announces 578 mln stg Credit Suisse contract%26quot; What does stg mean?

STG = GBP = Great British Pounds = Pounds Sterling

Hope that Helps!