CODERE Fin LUXEMBOURG SA Auction Results, 09 October 2013
Final Results of the CODERE Fin LUXEMBOURG SA CDS Auction, 09 October 2013
Final Price: 54.5
On 09 October 2013, 12 dealers submitted initial markets, physical settlement requests and limit orders to the CODERE Fin LUXEMBOURG SA auction administered by Creditex and S&P Global to settle trades across the market referencing CODERE FINANCE (LUXEMBOURG) S.A..
| Relevant Currency |
|---|
| EUR |
| Auction Currency Rates | |
|---|---|
| EUR/EUR | 1.00000 |
| EUR/USD | 0.73695 |
The inputs and results are detailed below.
Dealer Initial Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Bank of America N.A. | 47.5 | 49.5 | Bank of America N.A. |
| Barclays Bank plc | 48.0 | 50.0 | Barclays Bank plc |
| BNP Paribas | 47.375 | 49.375 | BNP Paribas |
| Citigroup Global Markets Limited | 46.5 | 48.5 | Citigroup Global Markets Limited |
| Credit Suisse International | 47.25 | 49.25 | Credit Suisse International |
| Deutsche Bank AG, London | 48.0 | 50.0 | Deutsche Bank AG, London |
| Goldman Sachs International | 46.75 | 48.75 | Goldman Sachs International |
| JP Morgan Chase Bank, N.A. | 47.0 | 49.0 | JP Morgan Chase Bank, N.A. |
| Morgan Stanley & Co. International plc | 45.0 | 47.0 | Morgan Stanley & Co. International plc |
| Nomura International plc | 46.25 | 48.25 | Nomura International plc |
| Société Générale | 46.5 | 48.5 | Société Générale |
| UBS AG | 47.75 | 49.75 | UBS AG |
Initial Market Midpoint: 48.125
Adjustment Amounts
Morgan Stanley & Co. International plc
EUR 22,500
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| BNP Paribas | Offer | 0.0 |
| Citigroup Global Markets Limited | Offer | 0.0 |
| Deutsche Bank AG, London | Offer | 0.0 |
| Goldman Sachs International | Offer | 8.5 |
| Morgan Stanley & Co. International plc | Offer | 0.0 |
| Société Générale | Offer | 0.0 |
| Bank of America N.A. | Bid | 8.5 |
| Barclays Bank plc | Bid | 18.2 |
| Credit Suisse International | Bid | 36.0 |
| JP Morgan Chase Bank, N.A. | Bid | 36.1 |
| Nomura International plc | Bid | 12.2 |
| UBS AG | Bid | 0.95 |
Net Open Interest: EUR 103.45 million to buy
| Sum of Buy Physical Requests | 111.95m |
| Sum of Sell Physical Requests | 8.5m |
| Sum of Physical Request Trades | 8.5m |
| Sum of Limit Order Trades | 103.45m |
Limit Orders
| Dealer | Offer | Size |
|---|---|---|
| Morgan Stanley & Co. International plc** | 48.125* | 2.0 |
| Nomura International plc** | 48.25* | 2.0 |
| Citigroup Global Markets Limited** | 48.5* | 2.0 |
| Société Générale** | 48.5* | 2.0 |
| Goldman Sachs International** | 48.75* | 2.0 |
| JP Morgan Chase Bank, N.A.** | 49.0* | 2.0 |
| Credit Suisse International** | 49.25* | 2.0 |
| BNP Paribas ** | 49.375* | 2.0 |
| Bank of America N.A. | 49.5* | 4.5 |
| Bank of America N.A.** | 49.5* | 2.0 |
| UBS AG** | 49.75* | 2.0 |
| JP Morgan Chase Bank, N.A. | 50.0* | 8.0 |
| JP Morgan Chase Bank, N.A. | 50.0* | 3.0 |
| Barclays Bank plc | 50.0* | 2.2 |
| Barclays Bank plc** | 50.0* | 2.0 |
| Deutsche Bank AG, London** | 50.0* | 2.0 |
| Credit Suisse International | 50.375* | 2.0 |
| Citigroup Global Markets Limited | 50.875* | 9.0 |
| Morgan Stanley & Co. International plc | 51.0* | 2.0 |
| Nomura International plc | 52.25* | 1.0 |
| Credit Suisse International | 52.375* | 2.0 |
| Goldman Sachs International | 52.75* | 4.0 |
| Goldman Sachs International | 52.75* | 2.0 |
| Barclays Bank plc | 53.0* | 16.7 |
| Goldman Sachs International | 53.0* | 5.0 |
| Morgan Stanley & Co. International plc | 53.0* | 2.0 |
| Goldman Sachs International | 53.0* | 1.0 |
| Nomura International plc | 53.25* | 0.75 |
| Goldman Sachs International | 53.5* | 2.5 |
| Goldman Sachs International | 53.75* | 4.0 |
| Goldman Sachs International | 53.75* | 2.0 |
| Morgan Stanley & Co. International plc | 54.0* | 2.0 |
| Goldman Sachs International | 54.0* | 2.0 |
| Nomura International plc | 54.25* | 1.0 |
| Goldman Sachs International | 54.5^ | 1.0 |
| Goldman Sachs International | 54.75 | 6.0 |
| Citigroup Global Markets Limited | 54.75 | 1.0 |
| Goldman Sachs International | 54.875 | 10.0 |
| Credit Suisse International | 54.875 | 5.0 |
| Credit Suisse International | 54.875 | 2.0 |
| JP Morgan Chase Bank, N.A. | 55.0 | 10.0 |
| Goldman Sachs International | 55.0 | 2.5 |
| Morgan Stanley & Co. International plc | 55.0 | 2.0 |
| Citigroup Global Markets Limited | 55.0 | 2.0 |
| Barclays Bank plc | 55.0 | 2.0 |
| JP Morgan Chase Bank, N.A. | 55.0 | 1.0 |
| Goldman Sachs International | 55.0 | 1.0 |
| Citigroup Global Markets Limited | 55.125 | 5.0 |
| Credit Suisse International | 55.25 | 3.0 |
| Nomura International plc | 55.25 | 1.0 |
| Goldman Sachs International | 55.75 | 6.0 |
| Goldman Sachs International | 55.875 | 10.0 |
| Barclays Bank plc | 55.875 | 10.0 |
| Morgan Stanley & Co. International plc | 56.0 | 2.0 |
| Bank of America N.A. | 56.0 | 2.0 |
| Citigroup Global Markets Limited | 56.0 | 1.0 |
| Citigroup Global Markets Limited | 56.125 | 2.5 |
| Goldman Sachs International | 56.75 | 6.0 |
| Credit Suisse International | 56.875 | 7.5 |
| Citigroup Global Markets Limited | 56.875 | 2.5 |
| Nomura International plc | 57.0 | 5.0 |
| Credit Suisse International | 57.0 | 0.5 |
| Citigroup Global Markets Limited | 57.375 | 2.5 |
| Credit Suisse International | 57.375 | 2.0 |
| Goldman Sachs International | 57.75 | 6.0 |
| UBS AG | 57.75 | 1.0 |
| Citigroup Global Markets Limited | 57.875 | 2.5 |
| Barclays Bank plc | 58.0 | 10.0 |
| JP Morgan Chase Bank, N.A. | 58.0 | 5.0 |
| Citigroup Global Markets Limited | 58.0 | 2.0 |
| Citigroup Global Markets Limited | 58.0 | 2.0 |
| Morgan Stanley & Co. International plc | 58.0 | 2.0 |
| Citigroup Global Markets Limited | 58.0 | 2.0 |
| Goldman Sachs International | 58.75 | 6.0 |
| Bank of America N.A. | 58.75 | 2.0 |
| Citigroup Global Markets Limited | 58.875 | 2.5 |
| JP Morgan Chase Bank, N.A. | 59.0 | 3.0 |
| Nomura International plc | 59.0 | 2.0 |
| Goldman Sachs International | 59.0 | 1.05 |
| Citigroup Global Markets Limited | 59.375 | 4.1 |
| Goldman Sachs International | 59.75 | 20.0 |
| Citigroup Global Markets Limited | 59.75 | 11.0 |
| UBS AG | 59.75 | 1.0 |
| Bank of America N.A. | 59.875 | 10.0 |
| Credit Suisse International | 59.875 | 2.0 |
| BNP Paribas | 60.0 | 5.75 |
| Barclays Bank plc | 60.0 | 3.0 |
| JP Morgan Chase Bank, N.A. | 60.0 | 1.0 |
| Goldman Sachs International | 60.75 | 30.0 |
| Barclays Bank plc | 62.0 | 4.0 |
| Citigroup Global Markets Limited | 63.5 | 3.0 |
| UBS AG | 64.75 | 5.0 |
| Credit Suisse International | 64.875 | 2.0 |
| Citigroup Global Markets Limited | 65.0 | 10.0 |
| Credit Suisse International | 65.0 | 5.0 |
| UBS AG | 68.75 | 5.0 |
| Credit Suisse International | 69.875 | 2.0 |
| BNP Paribas | 70.0 | 5.7 |
| Bank of America N.A. | 70.0 | 5.0 |
| Credit Suisse International | 70.0 | 5.0 |
| Credit Suisse International | 72.0 | 0.5 |
| UBS AG | 72.75 | 10.0 |
| Credit Suisse International | 74.875 | 2.0 |
| Credit Suisse International | 75.0 | 5.0 |
| BNP Paribas | 75.0 | 2.0 |
| UBS AG | 78.75 | 10.0 |
| Credit Suisse International | 79.875 | 2.0 |
| Credit Suisse International | 80.0 | 10.0 |
| UBS AG | 81.75 | 10.0 |
| UBS AG | 84.75 | 10.0 |
| BNP Paribas | 85.0 | 2.0 |
| Credit Suisse International | 87.875 | 2.0 |
| UBS AG | 89.75 | 10.0 |
| BNP Paribas | 90.0 | 5.0 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.