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

EONIA
EONIA: The front end of the Eonia curve is little changed in early Monday
morning trading compared to Friday's close as markets digest ECB President Mario
Draghi Comments at Jackson Hole and deemed them on the hawkish side as he did
not mention strength of the Euro. Draghi also said that the central bank is
confident output gap is closing. Market calculates around a 7% chance of a 10bp
rate hike in Mar 2018, and only rising to 22% in June 2018. MNI see 1y/1y Eonia
0.1bp lower at -26bp & following levels in ECB forward dated Eonia.
- Sep-17 0.1bp higher at -0.352%
- Oct-17 0.1bp higher at -0.352%
- Dec-17 unchanged at -0.351%
- Jan-18 0.1bp lower at -0.353%
- Mar-18 0.1bp lower at -0.351%
- Apr-18 0.1bp lower at -0.350%
- Jun-18 0.1bp lower at -0.336%
- Jul-18 0.1bp lower at -0.334%

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