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

EONIA
EONIA: The front end of the Eonia curve is modestly steeper in early Monday
morning trade compared to Friday's close as ECB's Knot says in a Dutch
television interview that QE needed to finish "as soon as possible" and that GC
sentiment leans towards ending QE. There is a dearth of EU data however comments
from ECB Praet, Lauteschlaeger and Coeure are all scheduled today. MNI PINCH see
a 60% chance of a 10bp hike in Dec, 1y/1y Eonia 0.8bp higher at -10.1bp &
following levels in short-end Eonia Curve.
* 6-mth -0.1bp at -0.349%
* 9-mth -0.1bp at -0.345%
* 12-mth unch at -0.339%
* 15-mth unch at -0.323%
* 18-mth +0.1bp at -0.297%
* 21-mth +0.2bp at -0.262%
* 2-yr +0.3bp at -0.22%
* 3-yr +0.7bp at -0.033%

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