Free Trial

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

EONIA
EONIA: The front end of the Eonia curve is a touch flatter in early Monday
morning trade compared to Friday's close as Eonia fixing remained at -0.363% and
German coalition talks continue after Sunday deadline passes without an
agreement. Looking ahead there is Eurozone final service and composite PMIs at
0900GMT and then ECB president Mario Draghi speaks at 1600GMT in Strasbourg. MNI
PINCH see a 31% chance of a 10bp hike in Dec, 1y/1y Eonia 0.1bp lower at -10.6bp
& following levels in short-end Eonia Curve.
* 6-mth -0.1bp at -0.352%
* 9-mth unch at -0.349%
* 12-mth unch at -0.343%
* 15-mth -0.1bp at -0.328%
* 18-mth -0.1bp at -0.301%
* 21-mth -0.1bp at -0.267%
* 2-yr -0.2bp at -0.225%
* 3-yr -0.4bp at -0.031%

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.