Free Trial

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

EONIA
EONIA: The front end of the Eonia curve is marginally lower in early Thursday
morning trade compared to Wednesday's close on slight risk-off flows, albeit in
light trade. Eonia jumps higher by 1bp and is up nearly 2bps in last 2 days due
to month end. Looking ahead final Eurozone manufacturing PMI is released at
0900GMT, while ECB Nouy speaks at 1030GMT. Attention will then be on NY open.
MNI PINCH see a 26.5% chance of a 10bp hike in Dec, 1y/1y Eonia 0.3bp lower at
-12.9bp & following levels in short-end Eonia Curve.
* 6-mth unch at -0.354%
* 9-mth unch at -0.351%
* 12-mth -0.1bp at -0.345%
* 15-mth -0.1bp at -0.33%
* 18-mth unch at -0.306%
* 21-mth -0.1bp at -0.275%
* 2-yr -0.1bp at -0.237%
* 3-yr -0.2bp at -0.062%

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.