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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 Wednesday
morning trade compared to Tuesday's close as Eonia fixing rose by 0.8bp last
night to -0.35% and highest since Dec 12 as markets prepare for long Christmas
weekend and month/year-end. While German PPI came in below expectations in
November. Looking ahead main event will be US home sales data at 1330GMT. MNI
PINCH see a 42% chance of a 10bp rate hike in Dec 2018, 1y/1y Eonia is 0.1bp
higher at -21.8bp & following levels in short-end Eonia Curve.
* 6-mth unch at -0.349%
* 9-mth unch at -0.348%
* 12-mth unch at -0.345%
* 15-mth unch at -0.339%
* 18-mth unch at -0.325%
* 21-mth unch at -0.306%
* 2-yr +0.1bp at -0.282%
* 3-yr +0.3bp at -0.16%

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