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

EONIA
EONIA: The front end of the Eonia curve is modestly flatter in early Wednesday
morning trade compared to Tuesday's close, with markets concerned over Catalonia
leader's comments that they could call for independence in matter of days.
Looking ahead final Eurozone service PMI is released at 0900BST and is expected
to remain unchanged at 55.6. ECB Draghi then speaks after markets close in
Frankfurt. MNI PINCH sees the chance of a 10bp deposit rate hike in Sep 2018 is
now 34%. MNI see 1y/1y Eonia 0.9bp lower at -24.3bp & following levels in ECB
forward dated Eonia.
* Oct-17 unch at -0.352%
* Dec-17 unch at -0.352%
* Jan-18 -0.2bp at -0.352%
* Mar-18 -0.3bp at -0.346%
* Apr-18 -0.3bp at -0.348%
* Jun-18 -0.4bp at -0.343%
* Jul-18 -0.4bp at -0.34%
* Sep-18 -0.6bp at -0.321%

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