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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 Thursday
morning trade compared to Wednesday's close as market digest the latest tax
reform plans from US Trump, while German region of Saxony flash CPI rises to
2.0% y/y from 1.9% y/y. Looking ahead at 1000BST there is Eurozone business
climate and economic sentiment indicator, while pan-German flash HICP is
released at 1300BST. MNI PINCH sees the chance of a 10bp deposit rate hike in
Sep 2018 is now 52%. MNI see 1y/1y Eonia 1.6bp higher at -21.9bp & following
levels in ECB forward dated Eonia.
* Oct-17 unch at -0.352%
* Dec-17 +0.3bp at -0.35%
* Jan-18 +0.4bp at -0.347%
* Mar-18 +0.6bp at -0.34%
* Apr-18 +0.7bp at -0.341%
* Jun-18 +0.6bp at -0.333%
* Jul-18 +0.6bp at -0.33%
* Sep-18 +0.9bp at -0.305%

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