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The front end of the Eonia curve has..........>

EONIA
EONIA: The front end of the Eonia curve has shifted higher in early Thursday
morning trade compared to Wednesday's close as markets look ahead to key US
payroll data tomorrow. Eonia continued it slow move lower, dropping by only
0.2bps to -0.326% and raising the risk the rate could remain elevated during
December. Eurozone final Q3 GDP is released at 1000GMT but is not expected to
move markets. While Draghi speaks at 1600GMT at BIS conference. MNI PINCH now
see markets pricing only a 10.5% chance of a 10bp deposit rate hike in Dec 2018,
1y/1y Eonia +0.3bp at -25.75bp & following levels in short-end Eonia Curve.
* 6-mth +0.8bp at -0.337%
* 9-mth +0.7bp at -0.341%
* 12-mth +0.7bp at -0.342%
* 15-mth +0.6bp at -0.341%
* 18-mth +0.6bp at -0.332%
* 21-mth +0.6bp at -0.318%
* 2-yr +0.6bp at -0.301%
* 3-yr +0.7bp at -0.205%

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