Free Trial

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

EONIA: The front end of the Eonia curve is marginally flatter in early Friday
morning trade compared to Thursday's close as German 2nd estimate of Q4 GDP is
unrevised at 0.6% q/q. While Eonia fixed at -0.369% last night remaining in
lower bound range. Looking ahead Eurozone Jan final inflation data is released
at 1000GMT with consensus seeing no change from flash estimate of 1.3% y/y.
ECB's Coeure is also due to speak after market closes in New York. MNI PINCH see
a 32% chance of a 10bp hike in Dec, 1y/1y Eonia 0.3bp lower at -12.5bp &
following levels in short-end Eonia Curve.
* 6-mth -0.1bp at -0.355%
* 9-mth -0.1bp at -0.351%
* 12-mth -0.2bp at -0.344%
* 15-mth -0.1bp at -0.328%
* 18-mth -0.1bp at -0.303%
* 21-mth -0.2bp at -0.272%
* 2-yr -0.2bp at -0.233%
* 3-yr -0.2bp at -0.052%

To read the full story

Why Subscribe to


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.