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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, despite continued concerns in Spain
following the Catalonia independence vote, with eyes seen on US at the moment.
Looking ahead, there is limited EMU data however ECB Praet speaks in Frankfurt
at 0915BST and Coeure speaks at 1315BST. MNI PINCH sees the chance of a 10bp
deposit rate hike in Sep 2018 is now 39%. MNI see 1y/1y Eonia 0.3bp higher at
-23.6bp & following levels in ECB forward dated Eonia.
* Oct-17 -0.1bp at -0.353%
* Dec-17 unch at -0.352%
* Jan-18 +0.1bp at -0.35%
* Mar-18 +0.1bp at -0.343%
* Apr-18 +0.2bp at -0.345%
* Jun-18 unch at -0.34%
* Jul-18 unch at -0.337%
* Sep-18 +0.2bp at -0.317%

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