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

EONIA
EONIA: The front end of the Eonia curve is modestly steeper in early Wednesday
morning trading compared to Tuesday's close as ECB Hansson says in a Aripaev
interview that wage pressure is starting to emerge but is uneven. While German
Finance minister Schaeuble says he thinks the ECB respects its mandate in a
Handelsblatt interview. Market calculates around a 7% chance of a 10bp rate hike
in Mar 2018, and only rising to 22% in June 2018. MNI see 1y/1y Eonia 0.2bp
higher at -24.8bp & following levels in ECB forward dated Eonia.
- Sep-17 0.4bp higher at -0.353%
- Oct-17 0.5bp higher at -0.352%
- Dec-17 0.6bp higher at -0.350%
- Jan-18 0.4bp higher at -0.350%
- Mar-18 0.2bp higher at -0.348%
- Apr-18 0.2bp higher at -0.347%
- Jun-18 0.5bp higher at -0.350%
- Jul-18 0.5bp higher at -0.329%

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