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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 Monday
morning trade compared to Friday's close, weighed by overnight falls in US Euro$
strip on increased risk of a Fed Dec rate hike. Final Eurozone manufacturing PMI
is released at 0900BST, while markets will be keeping a close eye on events in
Spain following violence at Catalonia independence vote on Sunday. MNI PINCH
sees the chance of a 10bp deposit rate hike in Sep 2018 is now 38%. MNI see
1y/1y Eonia 0.4bp lower at -22.8bp & following levels in ECB forward dated
Eonia.
* Oct-17 unch at -0.352%
* Dec-17 +0.1bp at -0.351%
* Jan-18 +0.1bp at -0.35%
* Mar-18 unch at -0.344%
* Apr-18 unch at -0.346%
* Jun-18 +0.2bp at -0.337%
* Jul-18 +0.2bp at -0.334%
* Sep-18 +0.4bp at -0.311%

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