Ukraine Auction Results, 06 October 2015
Final Results of the Ukraine CDS Auction, 06 October 2015
Final Price: 80.625
On 06 October 2015, 11 dealers submitted initial markets, physical settlement requests and limit orders to the Ukraine auction administered by Creditex and Markit to settle trades across the market referencing The Republic of Ukraine.
| Relevant Currency |
|---|
| USD |
| Auction Currency Rates | |
|---|---|
| USD/EUR | 1.12735 |
| USD/USD | 1.00000 |
The inputs and results are detailed below.
Dealer Initial Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Barclays Bank PLC | 78.5 | 80.5 | Barclays Bank PLC |
| BNP Paribas | 77.5 | 79.5 | BNP Paribas |
| Citigroup Global Markets LTD | 79.0 | 81.0 | Citigroup Global Markets LTD |
| Credit Suisse International | 78.5 | 80.5 | Credit Suisse International |
| Deutsche Bank AG | 79.0 | 81.0 | Deutsche Bank AG |
| Goldman Sachs International | 80.25 | 82.25 | Goldman Sachs International |
| JPMorgan Chase Bank N.A. | 79.25 | 81.25 | JPMorgan Chase Bank N.A. |
| Merrill Lynch | 78.5 | 80.5 | Merrill Lynch |
| Morgan Stanley & Co. International PLC | 78.875 | 80.875 | Morgan Stanley & Co. International PLC |
| Nomura International PLC | 78.25 | 80.25 | Nomura International PLC |
| Société Générale | 78.25 | 80.25 | Société Générale |
Initial Market Midpoint: 79.625
Adjustment Amounts
Goldman Sachs International
USD 12,500
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| BNP Paribas | Offer | 13.0 |
| Citigroup Global Markets LTD | Offer | 20.0 |
| Credit Suisse International | Offer | 2.0 |
| Deutsche Bank AG | Offer | 0.0 |
| Merrill Lynch | Offer | 0.0 |
| Morgan Stanley & Co. International PLC | Offer | 40.0 |
| Nomura International PLC | Offer | 0.0 |
| Société Générale | Offer | 0.0 |
| Barclays Bank PLC | Bid | 8.0 |
| Goldman Sachs International | Bid | 46.0 |
| JPMorgan Chase Bank N.A. | Bid | 5.55 |
Net Open Interest: USD 15.45 million to sell
| Sum of Buy Physical Requests | 59.55m |
| Sum of Sell Physical Requests | 75.0m |
| Sum of Physical Request Trades | 59.55m |
| Sum of Limit Order Trades | 15.45m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Barclays Bank PLC | 80.625^ | 15.45 |
| Goldman Sachs International | 80.625^ | 15.45 |
| Morgan Stanley & Co. International PLC | 79.625 | 3.55 |
| Goldman Sachs International** | 79.625 | 2.0 |
| JPMorgan Chase Bank N.A.** | 79.25 | 2.0 |
| Morgan Stanley & Co. International PLC | 79.0 | 10.0 |
| Deutsche Bank AG** | 79.0 | 2.0 |
| Citigroup Global Markets LTD** | 79.0 | 2.0 |
| Morgan Stanley & Co. International PLC** | 78.875 | 2.0 |
| Nomura International PLC | 78.75 | 3.0 |
| Citigroup Global Markets LTD | 78.5 | 6.0 |
| Barclays Bank PLC** | 78.5 | 2.0 |
| Merrill Lynch** | 78.5 | 2.0 |
| Credit Suisse International** | 78.5 | 2.0 |
| Société Générale** | 78.25 | 2.0 |
| Nomura International PLC** | 78.25 | 2.0 |
| Citigroup Global Markets LTD | 78.0 | 8.0 |
| Credit Suisse International | 78.0 | 2.0 |
| BNP Paribas ** | 77.5 | 2.0 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.