MATALAN FIN PLC Auction Results, 15 September 2020
Final Results of the MATALAN FIN PLC CDS Auction, 15 September 2020
Final Price: 36.5
On 15 September 2020, 10 dealers submitted initial markets, physical settlement requests and limit orders to the MATALAN FIN PLC auction administered by Creditex and Markit to settle trades across the market referencing MATALAN FINANCE PLC.
| Relevant Currency |
|---|
| GBP |
| Auction Currency Rates | |
|---|---|
| GBP/GBP | 1.00000 |
The inputs and results are detailed below.
Dealer Initial Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Barclays Bank PLC | 38.0 | 42.0 | Barclays Bank PLC |
| BNP Paribas | 37.0 | 41.0 | BNP Paribas |
| Citigroup Global Markets Limited | 34.5 | 38.5 | Citigroup Global Markets Limited |
| Credit Suisse International | 38.5 | 42.5 | Credit Suisse International |
| Deutsche Bank Aktiengesellschaft | 35.5 | 39.5 | Deutsche Bank Aktiengesellschaft |
| Goldman Sachs International | 35.0 | 39.0 | Goldman Sachs International |
| J.P. Morgan Securities PLC | 35.0 | 39.0 | J.P. Morgan Securities PLC |
| Merrill Lynch International | 36.5 | 40.5 | Merrill Lynch International |
| Morgan Stanley & Co. International PLC | 36.0 | 40.0 | Morgan Stanley & Co. International PLC |
| Société Générale | 38.0 | 42.0 | Société Générale |
Initial Market Midpoint: 38.375
Adjustment Amounts
Credit Suisse International
GBP 1,250
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Barclays Bank PLC | Offer | 18.5 |
| BNP Paribas | Offer | 0.0 |
| Citigroup Global Markets Limited | Offer | 0.0 |
| Credit Suisse International | Offer | 0.0 |
| Deutsche Bank Aktiengesellschaft | Offer | 0.0 |
| Goldman Sachs International | Offer | 0.0 |
| J.P. Morgan Securities PLC | Offer | 0.0 |
| Merrill Lynch International | Offer | 0.0 |
| Morgan Stanley & Co. International PLC | Offer | 0.0 |
| Société Générale | Bid | 7.0 |
Net Open Interest: GBP 11.5 million to sell
| Sum of Buy Physical Requests | 7.0m |
| Sum of Sell Physical Requests | 18.5m |
| Sum of Physical Request Trades | 7.0m |
| Sum of Limit Order Trades | 11.5m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Goldman Sachs International | 40.375* | 0.5 |
| Barclays Bank PLC | 38.5* | 1.5 |
| Credit Suisse International** | 38.375* | 1.0 |
| Barclays Bank PLC** | 38.0* | 1.0 |
| Société Générale** | 38.0* | 1.0 |
| Barclays Bank PLC | 37.5* | 1.0 |
| Credit Suisse International | 37.0* | 3.0 |
| BNP Paribas** | 37.0* | 1.0 |
| Barclays Bank PLC | 36.5^ | 1.0 |
| Merrill Lynch International** | 36.5^ | 1.0 |
| Credit Suisse International | 36.0 | 5.0 |
| Morgan Stanley & Co. International PLC** | 36.0 | 1.0 |
| Credit Suisse International | 35.5 | 10.0 |
| Barclays Bank PLC | 35.5 | 1.0 |
| Deutsche Bank Aktiengesellschaft** | 35.5 | 1.0 |
| BNP Paribas | 35.0 | 3.0 |
| Goldman Sachs International** | 35.0 | 1.0 |
| Goldman Sachs International | 35.0 | 1.0 |
| J.P. Morgan Securities PLC** | 35.0 | 1.0 |
| Citigroup Global Markets Limited** | 34.5 | 1.0 |
| Barclays Bank PLC | 34.5 | 1.0 |
| Barclays Bank PLC | 33.5 | 1.0 |
| BNP Paribas | 33.0 | 5.0 |
| Barclays Bank PLC | 32.5 | 1.0 |
| Credit Suisse International | 30.0 | 2.0 |
| Barclays Bank PLC | 27.5 | 1.0 |
| Barclays Bank PLC | 26.5 | 1.0 |
| Barclays Bank PLC | 25.5 | 1.0 |
| Barclays Bank PLC | 24.5 | 1.0 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.