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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 Friday
morning trade compared to Thursday's close, French industrial production ticks
higher but wages stagnate. Little further data from the Eurozone today, however
ECB's Mersch speaks at a financial services summit in Windsor UK. According to
MNI PINCH markets now price in a 21% chance of a 10bp deposit rate hike in Dec
2018. MNI see 1y/1y Eonia +0.3bp at -27.3bp & following levels in short-end
Eonia Curve.
* 6-mth unch at -0.356%
* 9-mth unch at -0.355%
* 12-mth +0.1bp at -0.353%
* 15-mth +0.1bp at -0.35%
* 18-mth +0.2bp at -0.342%
* 21-mth +0.3bp at -0.329%
* 2-yr +0.3bp at -0.313%
* 3-yr +0.6bp at -0.217%

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