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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 markets get worried about upcoming
Fed rate hikes and a more hawkish ECB. While Eonia fixed 0.1bp lower at -0.358%.
Little further data from the Eurozone so attention likely on UK IP/trade balance
data and opening of NY markets this afternoon. MNI PINCH see a 41% chance of a
10bp deposit rate hike in Dec 2018 with first fall hike price in for Mar 2019,
1y/1y Eonia 1bp higher at -17.1bp & following levels in short-end Eonia Curve.
* 6-mth unch at -0.346%
* 9-mth unch at -0.341%
* 12-mth unch at -0.335%
* 15-mth unch at -0.324%
* 18-mth +0.1bp at -0.305%
* 21-mth +0.2bp at -0.281%
* 2-yr +0.1bp at -0.253%
* 3-yr +0.4bp at -0.12%

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