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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 as markets continue to digest minutes
of last ECB GC meeting that hinted at QE not being extended beyond Sep 2018.
Looking ahead main data release will be German IFO at 0900GMT with risk seen to
the upside to consensus for little change due to upbeat flash PMIs. MNI PINCH
now see markets pricing a 32% chance of a 10bp deposit rate hike in Dec 2018 vs
25% on Tuesday, 1y/1y Eonia +0.2bp at -25.3bp & following levels in short-end
Eonia Curve.
* 6-mth unch at -0.356%
* 9-mth unch at -0.354%
* 12-mth unch at -0.352%
* 15-mth +0.1bp at -0.347%
* 18-mth unch at -0.339%
* 21-mth +0.1bp at -0.322%
* 2-yr +0.1bp at -0.303%
* 3-yr +0.1bp at -0.204%

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