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Eonia last fixed at -0.3660% unch with........>

EONIA
EONIA: Eonia last fixed at -0.3660% unch with volume at EUR3.0bln, down from EUR
3.3bln. Excess liquidity stands at EUR1,889bln.
- The EUR OIS curve is trading almost flat on the day. The largest move has been
the 1.1bp drop in the 3m. On the week the curve is lower and flatter with
implied forwards edging down. Expectations of a lengthy and anaemic tightening
cycle are potentially overcooked at the longer end with 5y1y only 100bps above
1y1y.

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