Sabine Oil Gas Corp Auction Results, 23 June 2015
Final Results of the Sabine Oil Gas Corp CDS Auction, 23 June 2015
Final Price: 15.875
On 23 June 2015, 11 dealers submitted initial markets, physical settlement requests and limit orders to the Sabine Oil Gas Corp auction administered by Creditex and S&P Global to settle trades across the market referencing Sabine Oil & Gas 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 | 13.75 | 15.75 | Bank of America |
| Barclays | 13.0 | 15.0 | Barclays |
| BNP Paribas | 14.25 | 16.25 | BNP Paribas |
| Citigroup | 14.5 | 16.5 | Citigroup |
| Credit Suisse AG | 14.125 | 16.125 | Credit Suisse AG |
| Deutsche Bank | 14.0 | 16.0 | Deutsche Bank |
| Goldman Sachs | 12.25 | 14.25 | Goldman Sachs |
| J.P. Morgan Securities LLC. | 13.5 | 15.5 | J.P. Morgan Securities LLC. |
| Morgan Stanley | 14.25 | 16.25 | Morgan Stanley |
| Nomura | 14.25 | 16.25 | Nomura |
| Societe Generale | 14.0 | 16.0 | Societe Generale |
Initial Market Midpoint: 14.875
Adjustment Amounts
No Adjustment Amount
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Bank of America | Offer | 4.0 |
| Barclays | Offer | 3.0 |
| BNP Paribas | Offer | 0.0 |
| Citigroup | Offer | 0.0 |
| Credit Suisse AG | Offer | 0.0 |
| Deutsche Bank | Offer | 1.561 |
| Goldman Sachs | Offer | 26.82 |
| J.P. Morgan Securities Inc. | Offer | 10.693 |
| Morgan Stanley | Offer | 0.759 |
| Nomura | Offer | 0.0 |
| Societe Generale | Offer | 0.0 |
Net Open Interest: USD 46.833 million to sell
| Sum of Buy Physical Requests | 0.0m |
| Sum of Sell Physical Requests | 46.833m |
| Sum of Physical Request Trades | 0.0m |
| Sum of Limit Order Trades | 46.833m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Citigroup | 15.875^ | 46.833 |
| Barclays | 15.875^ | 46.833 |
| Citigroup** | 14.5 | 2.0 |
| Morgan Stanley** | 14.25 | 2.0 |
| BNP Paribas** | 14.25 | 2.0 |
| Nomura** | 14.25 | 2.0 |
| Credit Suisse AG** | 14.125 | 2.0 |
| Deutsche Bank** | 14.0 | 2.0 |
| Societe Generale** | 14.0 | 2.0 |
| Bank of America** | 13.75 | 2.0 |
| Bank of America | 13.625 | 2.0 |
| Goldman Sachs | 13.5 | 3.0 |
| J.P. Morgan Securities LLC.** | 13.5 | 2.0 |
| Bank of America | 13.125 | 2.0 |
| Barclays** | 13.0 | 2.0 |
| Bank of America | 12.625 | 5.0 |
| Citigroup | 12.5 | 25.0 |
| Goldman Sachs** | 12.25 | 2.0 |
| Bank of America | 12.125 | 5.0 |
| Bank of America | 11.625 | 5.0 |
| Bank of America | 11.125 | 5.0 |
| Bank of America | 10.625 | 10.0 |
| Credit Suisse AG | 10.625 | 10.0 |
| Credit Suisse AG | 10.625 | 3.0 |
| Goldman Sachs | 10.25 | 21.0 |
| Bank of America | 10.125 | 10.0 |
| J.P. Morgan Securities Inc. | 10.0 | 5.0 |
| Barclays | 10.0 | 2.0 |
| Barclays | 5.0 | 10.0 |
| Deutsche Bank | 5.0 | 6.5 |
| Barclays | 1.0 | 46.833 |
| Goldman Sachs | 0.125 | 0.833 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.