Commonwealth of Puerto Rico Auction Results, 17 August 2016
Final Results of the Commonwealth of Puerto Rico CDS Auction, 17 August 2016
Final Price: 58.5
On 17 August 2016, 6 dealers submitted initial markets, physical settlement requests and limit orders to the Commonwealth of Puerto Rico auction administered by Creditex and S&P Global to settle trades across the market referencing Commonwealth of Puerto Rico.
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 | 56.5 | 58.5 | Bank of America |
Barclays | 58.0 | 60.0 | Barclays |
Citigroup | 55.5 | 57.5 | Citigroup |
Goldman Sachs | 57.5 | 59.5 | Goldman Sachs |
J.P. Morgan Securities LLC. | 56.0 | 58.0 | J.P. Morgan Securities LLC. |
Morgan Stanley | 58.0 | 60.0 | Morgan Stanley |
Initial Market Midpoint: 58
Adjustment Amounts
Citigroup
USD 10,000
Physical Settlement Requests
Dealer | Bid/Offer | Size |
---|---|---|
Bank of America | Offer | 0.0 |
Barclays | Offer | 0.0 |
Citigroup | Offer | 6.735 |
J.P. Morgan Securities LLC. | Offer | 0.0 |
Morgan Stanley | Offer | 0.0 |
Goldman Sachs | Bid | 15.0 |
Net Open Interest: USD 8.265 million to buy
Sum of Buy Physical Requests | 15.0m |
Sum of Sell Physical Requests | 6.735m |
Sum of Physical Request Trades | 6.735m |
Sum of Limit Order Trades | 8.265m |
Limit Orders
Dealer | Offer | Size |
---|---|---|
Citigroup** | 58.0* | 2.0 |
J.P. Morgan Securities LLC.** | 58.0* | 2.0 |
Goldman Sachs | 58.5^ | 3.0 |
Bank of America** | 58.5^ | 2.0 |
Citigroup | 59.5 | 3.0 |
Goldman Sachs** | 59.5 | 2.0 |
Morgan Stanley** | 60.0 | 2.0 |
Barclays** | 60.0 | 2.0 |
Bank of America | 60.5 | 3.0 |
Goldman Sachs | 61.25 | 5.0 |
Bank of America | 61.5 | 3.265 |
Citigroup | 61.5 | 1.2 |
Barclays | 63.0 | 1.0 |
Barclays | 65.0 | 1.0 |
Barclays | 67.0 | 1.0 |
Barclays | 69.0 | 1.0 |
Barclays | 71.0 | 1.0 |
Barclays | 73.0 | 1.0 |
Barclays | 75.0 | 0.265 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.