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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 Friday
morning trade compared to Thursday's close, as markets continue to digest ECB
monetary policy decision and the apparent rate raise being kicked into the very
long grass. There are a raft of ECB speaker today with Praet and Angeloni in
Frankfurt and Weidmann in Paris. According to MNI PINCH markets only price in a
32.5% chance of a 10bp deposit rate hike in Dec 2018. MNI see 1y/1y Eonia 1.3bp
lower at -27.2bp & following levels in ECB forward dated Eonia.
* Oct-17 unch at -0.353%
* Dec-17 unch at -0.352%
* Jan-18 -0.1bp at -0.352%
* Mar-18 -0.2bp at -0.351%
* Apr-18 -0.3bp at -0.355%
* Jun-18 unch at -0.355%
* Jul-18 -0.1bp at -0.355%
* Sep-18 -0.3bp at -0.351%

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