Diamond Offshore Drilling Inc Auction Results, 22 May 2020
Final Results of the Diamond Offshore Drilling Inc CDS Auction, 22 May 2020
Final Price: 7.375
On 22 May 2020, 10 dealers submitted initial markets, physical settlement requests and limit orders to the Diamond Offshore Drilling Inc auction administered by Creditex and Markit to settle trades across the market referencing Diamond Offshore Drilling, Inc..
| 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 | 5.25 | 7.25 | Bank of America |
| Barclays | 5.0 | 7.0 | Barclays |
| BNP Paribas | 6.0 | 8.0 | BNP Paribas |
| Citigroup | 6.0 | 7.0 | Citigroup |
| Credit Suisse | 5.5 | 7.5 | Credit Suisse |
| Deutsche Bank | 5.75 | 7.75 | Deutsche Bank |
| Goldman Sachs | 4.0 | 6.0 | Goldman Sachs |
| J.P. Morgan Securities LLC. | 5.0 | 7.0 | J.P. Morgan Securities LLC. |
| Morgan Stanley | 5.0 | 7.0 | Morgan Stanley |
| RBC Capital Markets LLC | 6.0 | 8.0 | RBC Capital Markets LLC |
Initial Market Midpoint: 6.375
Adjustment Amounts
No Adjustment Amount
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Bank of America | Offer | 0.0 |
| Barclays | Offer | 92.5 |
| BNP Paribas | Offer | 0.0 |
| Citigroup | Offer | 0.0 |
| Deutsche Bank | Offer | 0.0 |
| Goldman Sachs | Offer | 125.0 |
| Morgan Stanley | Offer | 0.0 |
| RBC Capital Markets LLC | Offer | 0.0 |
| Credit Suisse | Bid | 25.915 |
| J.P. Morgan Securities LLC. | Bid | 15.0 |
Net Open Interest: USD 176.585 million to sell
| Sum of Buy Physical Requests | 40.915m |
| Sum of Sell Physical Requests | 217.5m |
| Sum of Physical Request Trades | 40.915m |
| Sum of Limit Order Trades | 176.585m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Credit Suisse | 7.375^ | 176.585 |
| Goldman Sachs | 7.375^ | 38.0 |
| Credit Suisse | 7.375^ | 25.0 |
| Bank of America | 7.375^ | 20.0 |
| BNP Paribas | 7.375^ | 20.0 |
| Citigroup | 7.375^ | 20.0 |
| Morgan Stanley | 7.375^ | 20.0 |
| Barclays | 7.375^ | 15.0 |
| Goldman Sachs | 7.375^ | 10.0 |
| Barclays | 7.375^ | 10.0 |
| Citigroup | 7.375^ | 5.0 |
| BNP Paribas | 7.375^ | 5.0 |
| Bank of America | 7.375^ | 5.0 |
| Barclays | 7.375^ | 3.0 |
| Morgan Stanley | 7.375^ | 3.0 |
| Credit Suisse | 7.375^ | 3.0 |
| Barclays | 7.125 | 60.0 |
| Barclays | 7.125 | 25.0 |
| BNP Paribas | 7.125 | 5.0 |
| Goldman Sachs | 7.0 | 15.0 |
| Morgan Stanley | 7.0 | 10.0 |
| Goldman Sachs | 7.0 | 7.0 |
| Goldman Sachs | 7.0 | 5.0 |
| Bank of America | 7.0 | 5.0 |
| Morgan Stanley | 7.0 | 3.0 |
| Goldman Sachs | 6.875 | 60.0 |
| BNP Paribas | 6.875 | 5.0 |
| Goldman Sachs | 6.875 | 2.0 |
| Credit Suisse | 6.75 | 40.0 |
| Bank of America | 6.75 | 10.0 |
| Goldman Sachs | 6.75 | 2.5 |
| Barclays | 6.625 | 20.0 |
| BNP Paribas | 6.625 | 5.0 |
| Goldman Sachs | 6.625 | 2.0 |
| Bank of America | 6.5 | 10.0 |
| Barclays | 6.5 | 5.0 |
| Goldman Sachs | 6.5 | 2.5 |
| Bank of America | 6.375 | 20.0 |
| BNP Paribas | 6.375 | 5.0 |
| Barclays | 6.375 | 5.0 |
| BNP Paribas | 6.375 | 5.0 |
| Goldman Sachs | 6.375 | 2.0 |
| Barclays | 6.375 | 1.0 |
| Bank of America | 6.25 | 10.0 |
| Goldman Sachs | 6.25 | 2.5 |
| Barclays | 6.125 | 20.0 |
| BNP Paribas | 6.125 | 5.0 |
| Goldman Sachs | 6.125 | 2.0 |
| Credit Suisse | 6.125 | 1.0 |
| Credit Suisse | 6.0 | 10.0 |
| Morgan Stanley | 6.0 | 10.0 |
| Goldman Sachs | 6.0 | 5.0 |
| Barclays | 6.0 | 5.0 |
| Goldman Sachs | 6.0 | 2.5 |
| BNP Paribas** | 6.0 | 2.0 |
| Citigroup** | 6.0 | 2.0 |
| RBC Capital Markets LLC** | 6.0 | 2.0 |
| BNP Paribas | 5.875 | 5.0 |
| BNP Paribas | 5.875 | 5.0 |
| Goldman Sachs | 5.75 | 2.5 |
| Deutsche Bank** | 5.75 | 2.0 |
| Barclays | 5.625 | 75.0 |
| Credit Suisse | 5.625 | 60.0 |
| BNP Paribas | 5.625 | 5.0 |
| Goldman Sachs | 5.625 | 4.0 |
| Goldman Sachs | 5.5 | 30.0 |
| Credit Suisse | 5.5 | 5.0 |
| Goldman Sachs | 5.5 | 5.0 |
| Barclays | 5.5 | 5.0 |
| Goldman Sachs | 5.5 | 2.5 |
| Credit Suisse** | 5.5 | 2.0 |
| Bank of America | 5.375 | 15.0 |
| BNP Paribas | 5.375 | 5.0 |
| BNP Paribas | 5.375 | 5.0 |
| Barclays | 5.375 | 4.0 |
| Barclays | 5.375 | 1.0 |
| Goldman Sachs | 5.25 | 2.5 |
| Bank of America** | 5.25 | 2.0 |
| Goldman Sachs | 5.125 | 5.0 |
| BNP Paribas | 5.125 | 5.0 |
| Credit Suisse | 5.125 | 1.5 |
| Goldman Sachs | 5.0 | 10.0 |
| Bank of America | 5.0 | 5.0 |
| Goldman Sachs | 5.0 | 5.0 |
| Credit Suisse | 5.0 | 5.0 |
| Goldman Sachs | 5.0 | 5.0 |
| Goldman Sachs | 5.0 | 2.5 |
| Barclays** | 5.0 | 2.0 |
| J.P. Morgan Securities LLC.** | 5.0 | 2.0 |
| Morgan Stanley** | 5.0 | 2.0 |
| BNP Paribas | 4.875 | 5.0 |
| BNP Paribas | 4.875 | 5.0 |
| Goldman Sachs | 4.75 | 5.0 |
| Goldman Sachs | 4.625 | 5.0 |
| BNP Paribas | 4.625 | 5.0 |
| Goldman Sachs | 4.5 | 30.0 |
| Goldman Sachs | 4.5 | 5.0 |
| Goldman Sachs | 4.5 | 5.0 |
| Credit Suisse | 4.5 | 5.0 |
| Goldman Sachs | 4.375 | 10.0 |
| Barclays | 4.375 | 6.0 |
| BNP Paribas | 4.375 | 5.0 |
| Barclays | 4.375 | 1.0 |
| Goldman Sachs | 4.25 | 5.0 |
| BNP Paribas | 4.125 | 5.0 |
| Credit Suisse | 4.125 | 1.5 |
| Goldman Sachs | 4.0 | 10.0 |
| Goldman Sachs | 4.0 | 5.0 |
| Goldman Sachs | 4.0 | 5.0 |
| Credit Suisse | 4.0 | 5.0 |
| Goldman Sachs** | 4.0 | 2.0 |
| BNP Paribas | 3.875 | 5.0 |
| Goldman Sachs | 3.75 | 5.0 |
| Goldman Sachs | 3.625 | 15.0 |
| BNP Paribas | 3.625 | 5.0 |
| Goldman Sachs | 3.5 | 5.0 |
| Credit Suisse | 3.5 | 5.0 |
| Goldman Sachs | 3.5 | 5.0 |
| Barclays | 3.375 | 8.0 |
| BNP Paribas | 3.375 | 5.0 |
| Barclays | 3.375 | 2.0 |
| Goldman Sachs | 3.25 | 5.0 |
| BNP Paribas | 3.125 | 5.0 |
| Credit Suisse | 3.125 | 2.5 |
| Goldman Sachs | 3.0 | 10.0 |
| Goldman Sachs | 3.0 | 10.0 |
| Goldman Sachs | 3.0 | 5.0 |
| Goldman Sachs | 3.0 | 5.0 |
| Credit Suisse | 3.0 | 5.0 |
| BNP Paribas | 2.875 | 5.0 |
| Goldman Sachs | 2.625 | 25.0 |
| BNP Paribas | 2.625 | 5.0 |
| Goldman Sachs | 2.5 | 5.0 |
| Credit Suisse | 2.5 | 5.0 |
| Barclays | 2.375 | 16.0 |
| BNP Paribas | 2.375 | 5.0 |
| Barclays | 2.375 | 3.0 |
| Goldman Sachs | 2.125 | 30.0 |
| BNP Paribas | 2.125 | 5.0 |
| Credit Suisse | 2.125 | 5.0 |
| Credit Suisse | 2.0 | 5.0 |
| Goldman Sachs | 2.0 | 5.0 |
| BNP Paribas | 1.875 | 5.0 |
| Goldman Sachs | 1.625 | 40.0 |
| BNP Paribas | 1.625 | 5.0 |
| Credit Suisse | 1.5 | 5.0 |
| Goldman Sachs | 1.5 | 5.0 |
| BNP Paribas | 1.375 | 5.0 |
| Credit Suisse | 1.125 | 12.5 |
| BNP Paribas | 1.125 | 5.0 |
| Credit Suisse | 1.0 | 5.0 |
| Goldman Sachs | 1.0 | 5.0 |
| BNP Paribas | 0.875 | 5.0 |
| Credit Suisse | 0.5 | 5.0 |
| Goldman Sachs | 0.5 | 5.0 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.