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

EONIA: The front end of the Eonia curve is marginally steeper in early Monday
morning trade compared to Friday's close as SPD delegates narrowing agree for
the party to formally start grand coalition talks. There is a dearth of EMU or
UK data today, however there is an ECOFIN meeting where Constancio is expected
to participate, while WEF forum in Davos is expected to get underway. At 1100GMT
Bundesbank release latest monthly report. MNI PINCH see a 49% chance of a 10bp
hike in Dec, 1y/1y Eonia 0.2bp higher at -14bp & following levels in short-end
Eonia Curve.
* 6-mth unch at -0.347%
* 9-mth unch at -0.343%
* 12-mth unch at -0.337%
* 15-mth unch at -0.324%
* 18-mth +0.1bp at -0.301%
* 21-mth +0.1bp at -0.273%
* 2-yr +0.1bp at -0.239%
* 3-yr +0.4bp at -0.081%

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