Puerto Rico Electric Power Authority Auction Results, 02 August 2017
Final Results of the Puerto Rico Electric Power Authority CDS Auction, 02 August 2017
Final Price: 59
On 02 August 2017, 5 dealers submitted initial markets, physical settlement requests and limit orders to the Puerto Rico Electric Power Authority auction administered by Creditex and Markit to settle trades across the market referencing Puerto Rico Electric Power Authority.
| 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 | 57.75 | 59.75 | Bank of America |
| Barclays | 59.25 | 61.25 | Barclays |
| Citigroup | 58.75 | 60.75 | Citigroup |
| Goldman Sachs | 58.0 | 60.0 | Goldman Sachs |
| J.P. Morgan Securities LLC. | 58.75 | 60.75 | J.P. Morgan Securities LLC. |
Initial Market Midpoint: 59.5
Adjustment Amounts
No Adjustment Amount
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Bank of America | Offer | 1.565 |
| Barclays | Offer | 0.0 |
| Citigroup | Offer | 0.0 |
| Goldman Sachs | Offer | 2.275 |
| J.P. Morgan Securities LLC. | Offer | 0.0 |
Net Open Interest: USD 3.84 million to sell
| Sum of Buy Physical Requests | 0.0m |
| Sum of Sell Physical Requests | 3.84m |
| Sum of Physical Request Trades | 0.0m |
| Sum of Limit Order Trades | 3.84m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Barclays** | 59.25* | 2.0 |
| Goldman Sachs | 59.0^ | 3.84 |
| Citigroup** | 58.75 | 2.0 |
| J.P. Morgan Securities LLC.** | 58.75 | 2.0 |
| Citigroup | 58.5 | 1.84 |
| Goldman Sachs** | 58.0 | 2.0 |
| Bank of America** | 57.75 | 2.0 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.