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. EONIA fixing falls back to -0.363%
after month-end rise to -0.355% and continues to show no sign of market
volatility. While the European Money Markets Institute (EMMI) says a "thorough
review" of EOnia is longer needed and can continue to be published "as is". In
terms of data today markets attention will be on US non-farm payrolls at
1330GMT. MNI PINCH see a 34% chance of a 10bp hike in Dec, 1y/1y Eonia 0.7bp
higher at -11bp & following levels in short-end Eonia Curve.
* 6-mth unch at -0.35%
* 9-mth -0.1bp at -0.348%
* 12-mth -0.1bp at -0.342%
* 15-mth -0.1bp at -0.326%
* 18-mth unch at -0.3%
* 21-mth -0.1bp at -0.267%
* 2-yr unch at -0.225%
* 3-yr +0.4bp at -0.037%

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.