Chesapeake Engy Corp Auction Results, 04 August 2020
Final Results of the Chesapeake Engy Corp CDS Auction, 04 August 2020
Final Price: 3.5
On 04 August 2020, 10 dealers submitted initial markets, physical settlement requests and limit orders to the Chesapeake Engy Corp auction administered by Creditex and Markit to settle trades across the market referencing Chesapeake Energy Corporation.
| Relevant Currency |
|---|
| USD |
| Auction Currency Rates | |
|---|---|
| USD/USD | 1.00000 |
The inputs and results are detailed below.
Dealer Initial Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Bank of America | 3.0 | 5.0 | Bank of America |
| Barclays | 2.75 | 4.75 | Barclays |
| BNP Paribas | 3.0 | 5.0 | BNP Paribas |
| Citigroup | 3.5 | 5.5 | Citigroup |
| Credit Suisse | 4.5 | 5.5 | Credit Suisse |
| Deutsche Bank | 4.0 | 6.0 | Deutsche Bank |
| Goldman Sachs | 3.0 | 5.0 | Goldman Sachs |
| J.P. Morgan Securities LLC. | 3.5 | 5.5 | J.P. Morgan Securities LLC. |
| Morgan Stanley | 4.0 | 6.0 | Morgan Stanley |
| RBC Capital Markets LLC | 3.5 | 5.5 | RBC Capital Markets LLC |
Initial Market Midpoint: 4.5
Adjustment Amounts
No Adjustment Amount
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Bank of America | Offer | 0.0 |
| Barclays | Offer | 0.0 |
| BNP Paribas | Offer | 0.0 |
| Deutsche Bank | Offer | 0.0 |
| Goldman Sachs | Offer | 238.433 |
| J.P. Morgan Securities LLC. | Offer | 44.193 |
| Morgan Stanley | Offer | 0.0 |
| RBC Capital Markets LLC | Offer | 0.0 |
| Citigroup | Bid | 12.0 |
| Credit Suisse | Bid | 5.0 |
Net Open Interest: USD 265.626 million to sell
| Sum of Buy Physical Requests | 17.0m |
| Sum of Sell Physical Requests | 282.626m |
| Sum of Physical Request Trades | 17.0m |
| Sum of Limit Order Trades | 265.626m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Barclays | 5.5* | 24.0 |
| Barclays | 5.5* | 12.0 |
| Barclays | 5.5* | 10.0 |
| Bank of America | 5.5* | 5.0 |
| Credit Suisse | 5.5* | 5.0 |
| Morgan Stanley | 4.75* | 20.0 |
| Bank of America | 4.625* | 3.0 |
| Barclays | 4.5* | 21.111 |
| Goldman Sachs | 4.5* | 10.0 |
| Bank of America | 4.5* | 5.0 |
| Credit Suisse** | 4.5* | 2.0 |
| BNP Paribas | 4.5* | 1.0 |
| Barclays | 4.375* | 0.603 |
| Barclays | 4.25* | 0.639 |
| Goldman Sachs | 4.125* | 25.0 |
| Barclays | 4.125* | 0.677 |
| Barclays | 4.0* | 12.595 |
| RBC Capital Markets LLC | 4.0* | 5.0 |
| Deutsche Bank** | 4.0* | 2.0 |
| Morgan Stanley** | 4.0* | 2.0 |
| Barclays | 3.875* | 1.149 |
| Morgan Stanley | 3.75* | 30.0 |
| Barclays | 3.75* | 1.226 |
| Goldman Sachs | 3.625* | 5.0 |
| Bank of America | 3.625* | 3.0 |
| Barclays | 3.625* | 1.31 |
| Barclays | 3.5^ | 14.975 |
| Barclays | 3.5^ | 14.0 |
| Barclays | 3.5^ | 10.0 |
| Barclays | 3.5^ | 7.0 |
| Bank of America | 3.5^ | 5.0 |
| Bank of America | 3.5^ | 5.0 |
| RBC Capital Markets LLC** | 3.5^ | 2.0 |
| J.P. Morgan Securities LLC.** | 3.5^ | 2.0 |
| Citigroup** | 3.5^ | 2.0 |
| RBC Capital Markets LLC | 3.375 | 5.0 |
| Barclays | 3.375 | 2.011 |
| Morgan Stanley | 3.25 | 25.0 |
| Bank of America | 3.25 | 10.0 |
| Barclays | 3.25 | 2.165 |
| Barclays | 3.125 | 2.338 |
| Barclays | 3.0 | 34.2 |
| Morgan Stanley | 3.0 | 25.0 |
| Goldman Sachs | 3.0 | 10.0 |
| Barclays | 3.0 | 10.0 |
| RBC Capital Markets LLC | 3.0 | 10.0 |
| Goldman Sachs | 3.0 | 5.0 |
| Bank of America | 3.0 | 5.0 |
| Bank of America** | 3.0 | 2.0 |
| Goldman Sachs** | 3.0 | 2.0 |
| BNP Paribas** | 3.0 | 2.0 |
| Barclays | 2.875 | 4.13 |
| Bank of America | 2.75 | 25.0 |
| Barclays | 2.75 | 4.505 |
| Barclays** | 2.75 | 2.0 |
| Bank of America | 2.625 | 6.0 |
| Goldman Sachs | 2.625 | 5.0 |
| Barclays | 2.625 | 4.935 |
| Morgan Stanley | 2.5 | 50.0 |
| Citigroup | 2.5 | 15.0 |
| RBC Capital Markets LLC | 2.5 | 15.0 |
| Barclays | 2.5 | 10.0 |
| Goldman Sachs | 2.5 | 10.0 |
| Goldman Sachs | 2.5 | 10.0 |
| Barclays | 2.5 | 5.429 |
| Barclays | 2.375 | 6.0 |
| Barclays | 2.25 | 48.889 |
| Barclays | 2.25 | 28.0 |
| Barclays | 2.25 | 14.0 |
| Barclays | 2.25 | 10.0 |
| Barclays | 2.125 | 10.0 |
| Barclays | 2.125 | 9.935 |
| Goldman Sachs | 2.0 | 265.626 |
| Credit Suisse | 2.0 | 50.0 |
| Goldman Sachs | 2.0 | 40.0 |
| RBC Capital Markets LLC | 2.0 | 15.0 |
| Barclays | 2.0 | 11.176 |
| Barclays | 2.0 | 10.0 |
| Barclays | 2.0 | 10.0 |
| Barclays | 1.875 | 15.0 |
| Barclays | 1.875 | 12.667 |
| Barclays | 1.75 | 15.0 |
| Barclays | 1.75 | 14.476 |
| Barclays | 1.625 | 15.0 |
| Bank of America | 1.625 | 14.0 |
| Goldman Sachs | 1.625 | 5.0 |
| Credit Suisse | 1.5 | 150.0 |
| Barclays | 1.5 | 15.0 |
| Barclays | 1.375 | 20.0 |
| Barclays | 1.25 | 20.0 |
| Barclays | 1.125 | 20.0 |
| Goldman Sachs | 1.125 | 10.0 |
| Credit Suisse | 1.0 | 265.626 |
| Barclays | 1.0 | 250.0 |
| Barclays | 1.0 | 20.0 |
| Citigroup | 1.0 | 15.0 |
| Barclays | 0.875 | 20.0 |
| Barclays | 0.75 | 25.0 |
| Bank of America | 0.625 | 80.0 |
| Barclays | 0.625 | 25.0 |
| Barclays | 0.5 | 100.0 |
| Barclays | 0.5 | 50.0 |
| Barclays | 0.5 | 25.0 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.