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

EONIA
EONIA: The front end of the Eonia curve is modestly steeper early Tuesday
morning trade compared to Monday's close despite fall in EOnia fixing last night
to -0.33% from -0.327% as markets looks ahead to German ZEW survey. Consensus is
for a slight fall in expectations component of the ZEW survey to 18.0 from 18.7,
while the current situation is forecast to remain little changed at 88.7. MNI
PINCH see markets pricing only a 24% chance of a 10bp deposit rate hike in Dec
2018, 1y/1y Eonia is +0.3bp at -25bp & following levels in short-end Eonia
Curve.
* 6-mth unch at -0.337%
* 9-mth +0.1bp at -0.34%
* 12-mth +0.1bp at -0.341%
* 15-mth +0.2bp at -0.338%
* 18-mth +0.2bp at -0.329%
* 21-mth +0.3bp at -0.314%
* 2-yr +0.3bp at -0.295%
* 3-yr +0.3bp at -0.194%

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