Pizzaexpress Fing 1 PLC Auction Results, 01 October 2020
Final Results of the Pizzaexpress Fing 1 PLC CDS Auction, 01 October 2020
Final Price: 0.125
On 01 October 2020, 10 dealers submitted initial markets, physical settlement requests and limit orders to the Pizzaexpress Fing 1 PLC auction administered by Creditex and S&P Global to settle trades across the market referencing Pizzaexpress Financing 1 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 | 0.0 | 4.0 | Barclays Bank PLC |
| BNP Paribas | 0.5 | 4.5 | BNP Paribas |
| Citigroup Global Markets Limited | 0.25 | 4.25 | Citigroup Global Markets Limited |
| Credit Suisse International | 1.0 | 5.0 | Credit Suisse International |
| Deutsche Bank Aktiengesellschaft | 0.0 | 4.0 | Deutsche Bank Aktiengesellschaft |
| Goldman Sachs International | 0.0 | 4.0 | Goldman Sachs International |
| J.P. Morgan Securities PLC | 2.0 | 6.0 | J.P. Morgan Securities PLC |
| Merrill Lynch International | 0.125 | 4.125 | Merrill Lynch International |
| Morgan Stanley & Co. International PLC | 0.5 | 4.5 | Morgan Stanley & Co. International PLC |
| Société Générale | 2.0 | 6.0 | Société Générale |
Initial Market Midpoint: 2.625
Adjustment Amounts
No Adjustment Amount
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Barclays Bank PLC | Offer | 0.0 |
| BNP Paribas | Offer | 0.0 |
| Citigroup Global Markets Limited | Offer | 0.0 |
| Credit Suisse International | Offer | 53.75 |
| 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 | 6.0 |
Net Open Interest: GBP 47.75 million to sell
| Sum of Buy Physical Requests | 6.0m |
| Sum of Sell Physical Requests | 53.75m |
| Sum of Physical Request Trades | 6.0m |
| Sum of Limit Order Trades | 47.75m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Barclays Bank PLC | 3.625* | 16.0 |
| Barclays Bank PLC | 3.625* | 8.0 |
| J.P. Morgan Securities PLC** | 2.0* | 1.0 |
| Société Générale** | 2.0* | 1.0 |
| Credit Suisse International** | 1.0* | 1.0 |
| Morgan Stanley & Co. International PLC** | 0.5* | 1.0 |
| BNP Paribas** | 0.5* | 1.0 |
| Citigroup Global Markets Limited** | 0.25* | 1.0 |
| Credit Suisse International | 0.125^ | 47.75 |
| Morgan Stanley & Co. International PLC | 0.125^ | 47.75 |
| Barclays Bank PLC | 0.125^ | 20.0 |
| Merrill Lynch International** | 0.125 | 1.0 |
| BNP Paribas | 0.0 | 2.0 |
| Barclays Bank PLC** | 0.0 | 1.0 |
| Goldman Sachs International** | 0.0 | 1.0 |
| Deutsche Bank Aktiengesellschaft** | 0.0 | 1.0 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.