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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 Tuesday
morning trade compared to Monday's close as markets digest the appointment of
Luis de Guindos as ECB vice president. While a smaller than expected drop in
German PPI also seen weighing. Looking ahead German ZEW at 1000GMT is the main
data highlight today, while markets await NY opening after long weekend. MNI
PINCH see a 30.5% 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 -0.354%
* 9-mth unch at -0.351%
* 12-mth unch at -0.344%
* 15-mth +0.1bp at -0.328%
* 18-mth +0.1bp at -0.303%
* 21-mth +0.2bp at -0.269%
* 2-yr +0.4bp at -0.226%
* 3-yr +0.6bp at -0.036%

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