Free Trial

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

EONIA
EONIA: The front end of the Eonia curve is modestly steeper in early Friday
morning trade compared to Thursday's close as a Reuters ECB sources story says
that some policy makers want to discuss dropping pledge to increase QE if needed
at March meeting and that there will be a serious discussion on the easing bias.
Main highlight today will be release of ECB survey of professional forecasters
at 0900GMT. MNI PINCH see a 43% chance of a 10bp hike in Dec, 1y/1y Eonia 0.1bp
higher at -11.9bp & following levels in short-end Eonia Curve.
* 6-mth -0.1bp at -0.349%
* 9-mth unch at -0.345%
* 12-mth unch at -0.339%
* 15-mth -0.1bp at -0.325%
* 18-mth -0.1bp at -0.3%
* 21-mth unch at -0.267%
* 2-yr unch at -0.229%
* 3-yr +0.4bp at -0.053%

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.