Dean Foods Co Auction Results, 10 December 2019
Final Results of the Dean Foods Co CDS Auction, 10 December 2019
Final Price: 9.25
On 10 December 2019, 9 dealers submitted initial markets, physical settlement requests and limit orders to the Dean Foods Co auction administered by Creditex and S&P Global to settle trades across the market referencing Dean Foods Company.
| 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 | 12.0 | 14.0 | Bank of America |
| Barclays | 7.5 | 9.5 | Barclays |
| BNP Paribas | 9.5 | 11.5 | BNP Paribas |
| Citigroup | 8.5 | 10.5 | Citigroup |
| Credit Suisse | 10.5 | 12.5 | Credit Suisse |
| Deutsche Bank | 10.0 | 12.0 | Deutsche Bank |
| Goldman Sachs | 7.5 | 9.5 | Goldman Sachs |
| J.P. Morgan Securities LLC. | 9.0 | 11.0 | J.P. Morgan Securities LLC. |
| Morgan Stanley | 11.0 | 13.0 | Morgan Stanley |
Initial Market Midpoint: 10.5
Adjustment Amounts
Bank of America
USD 30,000
Morgan Stanley
USD 10,000
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Bank of America | Offer | 0.0 |
| Barclays | Offer | 67.0 |
| BNP Paribas | Offer | 0.0 |
| Citigroup | Offer | 0.0 |
| Credit Suisse | Offer | 0.6 |
| Deutsche Bank | Offer | 0.0 |
| Goldman Sachs | Offer | 100.0 |
| J.P. Morgan Securities LLC. | Offer | 10.39 |
| Morgan Stanley | Offer | 2.996 |
Net Open Interest: USD 180.986 million to sell
| Sum of Buy Physical Requests | 0.0m |
| Sum of Sell Physical Requests | 180.986m |
| Sum of Physical Request Trades | 0.0m |
| Sum of Limit Order Trades | 180.986m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Goldman Sachs | 11.5* | 62.0 |
| Barclays | 11.5* | 10.0 |
| Bank of America | 11.5* | 3.0 |
| Goldman Sachs | 11.0* | 11.7 |
| Goldman Sachs | 10.625* | 25.0 |
| Goldman Sachs | 10.5* | 12.9 |
| Credit Suisse** | 10.5* | 2.0 |
| Bank of America** | 10.5* | 2.0 |
| Morgan Stanley** | 10.5* | 2.0 |
| Goldman Sachs | 10.375* | 10.0 |
| Goldman Sachs | 10.25* | 6.4 |
| Goldman Sachs | 10.125* | 4.0 |
| Bank of America | 10.0* | 5.0 |
| Deutsche Bank** | 10.0* | 2.0 |
| Goldman Sachs | 10.0* | 2.0 |
| Goldman Sachs | 9.875* | 2.0 |
| Goldman Sachs | 9.625* | 2.0 |
| Goldman Sachs | 9.5* | 7.9 |
| BNP Paribas** | 9.5* | 2.0 |
| Goldman Sachs | 9.375* | 2.0 |
| Goldman Sachs | 9.25^ | 40.0 |
| Barclays | 9.125 | 180.986 |
| Goldman Sachs | 9.125 | 3.0 |
| Goldman Sachs | 9.0 | 48.7 |
| J.P. Morgan Securities LLC.** | 9.0 | 2.0 |
| Barclays | 9.0 | 2.0 |
| Goldman Sachs | 8.875 | 3.0 |
| Goldman Sachs | 8.625 | 3.0 |
| Goldman Sachs | 8.5 | 13.5 |
| Citigroup** | 8.5 | 2.0 |
| Goldman Sachs | 8.375 | 3.0 |
| Credit Suisse | 8.25 | 10.0 |
| Goldman Sachs | 8.25 | 2.0 |
| Goldman Sachs | 8.125 | 3.0 |
| Goldman Sachs | 8.0 | 3.9 |
| Barclays | 8.0 | 2.0 |
| Goldman Sachs | 7.875 | 3.0 |
| Goldman Sachs | 7.625 | 4.0 |
| Goldman Sachs | 7.5 | 18.7 |
| Bank of America | 7.5 | 10.0 |
| Barclays | 7.5 | 3.0 |
| Goldman Sachs** | 7.5 | 2.0 |
| Barclays** | 7.5 | 2.0 |
| Barclays | 7.5 | 1.0 |
| Goldman Sachs | 7.375 | 4.0 |
| Citigroup | 7.25 | 4.0 |
| Goldman Sachs | 7.125 | 4.0 |
| Morgan Stanley | 7.0 | 30.0 |
| Goldman Sachs | 7.0 | 6.1 |
| Barclays | 7.0 | 6.0 |
| Barclays | 7.0 | 5.0 |
| Goldman Sachs | 6.875 | 4.0 |
| Goldman Sachs | 6.625 | 5.0 |
| Goldman Sachs | 6.5 | 7.0 |
| Barclays | 6.5 | 5.0 |
| Goldman Sachs | 6.375 | 5.0 |
| Barclays | 6.375 | 1.0 |
| Citigroup | 6.25 | 3.0 |
| Goldman Sachs | 6.25 | 2.0 |
| Goldman Sachs | 6.125 | 5.0 |
| Barclays | 6.0 | 20.0 |
| Goldman Sachs | 6.0 | 8.2 |
| Goldman Sachs | 5.875 | 6.0 |
| Goldman Sachs | 5.625 | 6.0 |
| Goldman Sachs | 5.5 | 9.7 |
| Barclays | 5.5 | 5.0 |
| Goldman Sachs | 5.375 | 7.0 |
| Goldman Sachs | 5.25 | 10.0 |
| Citigroup | 5.25 | 3.0 |
| Barclays | 5.25 | 2.0 |
| Goldman Sachs | 5.125 | 8.0 |
| Barclays | 5.0 | 50.0 |
| Goldman Sachs | 5.0 | 42.3 |
| Bank of America | 5.0 | 10.0 |
| Deutsche Bank | 5.0 | 8.0 |
| Barclays | 5.0 | 6.5 |
| Goldman Sachs | 4.5 | 20.0 |
| Goldman Sachs | 4.25 | 5.0 |
| Citigroup | 4.25 | 4.0 |
| Goldman Sachs | 4.0 | 19.5 |
| Goldman Sachs | 3.5 | 8.0 |
| Citigroup | 3.25 | 8.0 |
| Morgan Stanley | 3.0 | 5.0 |
| Credit Suisse | 2.5 | 50.0 |
| Deutsche Bank | 2.5 | 15.0 |
| Goldman Sachs | 2.5 | 5.0 |
| Citigroup | 2.25 | 13.0 |
| Goldman Sachs | 2.25 | 10.0 |
| Barclays | 2.0 | 20.0 |
| Goldman Sachs | 2.0 | 15.0 |
| Goldman Sachs | 1.75 | 20.0 |
| Goldman Sachs | 1.5 | 25.0 |
| Goldman Sachs | 1.25 | 30.0 |
| Goldman Sachs | 1.0 | 35.0 |
| Credit Suisse | 1.0 | 5.0 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.