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

SONIA
SONIA: The front end of the Sonia curve is modestly steeper Tuesday morning
compared to Monday's close with markets likely to be unhappy about the news that
there will be no Brexit transition period without final EU trade deal and BOE
Deputy Governor saying that economic growth had clearly slowed. Looking ahead
there are no major data releases today in the UK, however, UK Chancellor Philip
Hammond is due to answer questions in parliament at 1100BST The following are
levels in BoE forward dated Sonia:-
* Nov-17 +0.1bp at 0.417%
* Dec-17 +0.1bp at 0.44%
* Feb-18 +0.1bp at 0.531%
* Mar-18 unch at 0.536%
* May-18 +0.1bp at 0.618%
* Jun-18 unch at 0.623%
* Aug-18 unch at 0.679%
* Sep-18 +0.1bp at 0.687%

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