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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 Thursday
morning trade compared to Wednesday's close reacting to FOMC meeting which some
say appeared on the hawkish side. Looking ahead final Eurozone manufacturing PMI
is released at 0900GMT but is not likely to influence markets too much, so
attention likely on comments from ECB Praet at 1115GMT. MNI PINCH see a 33%
chance of a 10bp hike in Dec, 1y/1y Eonia 0.5bp higher at -10.4bp & following
levels in short-end Eonia Curve.
* 6-mth +0.1bp at -0.349%
* 9-mth unch at -0.347%
* 12-mth +0.1bp at -0.341%
* 15-mth +0.1bp at -0.325%
* 18-mth +0.2bp at -0.299%
* 21-mth +0.2bp at -0.265%
* 2-yr +0.4bp at -0.222%
* 3-yr +1bp at -0.031%

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