PACIFIC EXPL PRODTN CORP Auction Results, 06 April 2016
Final Results of the PACIFIC EXPL PRODTN CORP CDS Auction, 06 April 2016
Final Price: 20
On 06 April 2016, 11 dealers submitted initial markets, physical settlement requests and limit orders to the PACIFIC EXPL PRODTN CORP auction administered by Creditex and Markit to settle trades across the market referencing PACIFIC EXPLORATION & PRODUCTION CORPORATION.
| 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 | 18.0 | 22.0 | Bank of America |
| Barclays | 16.5 | 20.5 | Barclays |
| BNP Paribas | 17.5 | 21.5 | BNP Paribas |
| Citigroup | 16.0 | 20.0 | Citigroup |
| Credit Suisse | 17.0 | 21.0 | Credit Suisse |
| Deutsche Bank | 17.0 | 21.0 | Deutsche Bank |
| Goldman Sachs | 17.0 | 21.0 | Goldman Sachs |
| J.P. Morgan Securities LLC. | 17.5 | 21.5 | J.P. Morgan Securities LLC. |
| Morgan Stanley | 19.5 | 23.5 | Morgan Stanley |
| Nomura | 18.0 | 22.0 | Nomura |
| Societe Generale | 17.5 | 21.5 | Societe Generale |
Initial Market Midpoint: 19.375
Adjustment Amounts
No Adjustment Amount
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Bank of America | Offer | 0.0 |
| Barclays | Offer | 0.0 |
| BNP Paribas | Offer | 0.0 |
| Citigroup | Offer | 0.0 |
| Credit Suisse | Offer | 0.0 |
| Deutsche Bank | Offer | 0.0 |
| Goldman Sachs | Offer | 1.23 |
| J.P. Morgan Securities LLC. | Offer | 0.0 |
| Morgan Stanley | Offer | 0.0 |
| Nomura | Offer | 0.0 |
| Societe Generale | Offer | 0.0 |
Net Open Interest: USD 1.23 million to sell
| Sum of Buy Physical Requests | 0.0m |
| Sum of Sell Physical Requests | 1.23m |
| Sum of Physical Request Trades | 0.0m |
| Sum of Limit Order Trades | 1.23m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Credit Suisse | 20.0* | 1.23 |
| Morgan Stanley** | 19.5 | 0.5 |
| Goldman Sachs | 19.0 | 1.23 |
| Nomura** | 18.0 | 0.5 |
| Bank of America** | 18.0 | 0.5 |
| Societe Generale** | 17.5 | 0.5 |
| BNP Paribas** | 17.5 | 0.5 |
| J.P. Morgan Securities LLC.** | 17.5 | 0.5 |
| Credit Suisse** | 17.0 | 0.5 |
| Goldman Sachs** | 17.0 | 0.5 |
| Deutsche Bank** | 17.0 | 0.5 |
| Barclays** | 16.5 | 0.5 |
| Citigroup** | 16.0 | 0.5 |
| Barclays | 15.125 | 1.23 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.