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

EONIA
EONIA: The front end of the Eonia curve is marginally steeper in early Friday
morning trading compared to Thursday's close with markets seen ignoring the
latest missile test by N.Korea and weighed by BOE hawkish rhetoric seen
yesterday. Looking ahead little data from the Eurozone today, however there is a
Europe/Ecofin meeting which could see some headlines cross the wires. The chance
of a 10bp deposit rate hike in Dec 2018 is now 5%. MNI see 1y/1y Eonia 0.2bp
higher at -26.2bp & following levels in ECB forward dated Eonia.
- Oct-17 unchanged at -0.353%
- Dec-17 0.1bp higher at -0.353%
- Jan-18 0.1bp higher at -0.353%
- Mar-18 0.1bp higher at -0.351%
- Apr-18 0.2bp higher at -0.354%
- Jun-18 0.2bp higher at -0.350%
- Jul-18 0.2bp higher at -0.347%
- Sep-18 0.6bp higher at -0.326%

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