Weatherford Itl Ltd Auction Results, 24 July 2019
Final Results of the Weatherford Itl Ltd CDS Auction, 24 July 2019
Final Price: 44.5
On 24 July 2019, 9 dealers submitted initial markets, physical settlement requests and limit orders to the Weatherford Itl Ltd auction administered by Creditex and S&P Global to settle trades across the market referencing Weatherford International Ltd..
| 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 | 45.0 | 47.0 | Bank of America |
| Barclays | 44.0 | 46.0 | Barclays |
| BNP Paribas | 44.5 | 46.5 | BNP Paribas |
| Citigroup | 44.5 | 45.5 | Citigroup |
| Credit Suisse | 44.25 | 46.25 | Credit Suisse |
| Deutsche Bank | 44.0 | 46.0 | Deutsche Bank |
| Goldman Sachs | 44.0 | 46.0 | Goldman Sachs |
| J.P. Morgan Securities LLC. | 42.5 | 44.5 | J.P. Morgan Securities LLC. |
| Morgan Stanley | 44.0 | 46.0 | Morgan Stanley |
Initial Market Midpoint: 45.125
Adjustment Amounts
No Adjustment Amount
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Bank of America | Offer | 0.0 |
| Barclays | Offer | 126.932 |
| BNP Paribas | Offer | 0.0 |
| Credit Suisse | Offer | 0.0 |
| Deutsche Bank | Offer | 0.0 |
| Goldman Sachs | Offer | 5.0 |
| J.P. Morgan Securities LLC. | Offer | 0.0 |
| Morgan Stanley | Offer | 0.0 |
| Citigroup | Bid | 38.62 |
Net Open Interest: USD 93.312 million to sell
| Sum of Buy Physical Requests | 38.62m |
| Sum of Sell Physical Requests | 131.932m |
| Sum of Physical Request Trades | 38.62m |
| Sum of Limit Order Trades | 93.312m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Barclays | 46.125* | 25.0 |
| Barclays | 46.125* | 11.0 |
| Morgan Stanley | 46.125* | 10.0 |
| Goldman Sachs | 45.625* | 5.0 |
| Citigroup | 45.0* | 20.0 |
| Citigroup | 45.0* | 3.0 |
| Bank of America** | 45.0* | 2.0 |
| Goldman Sachs | 44.625* | 5.0 |
| Goldman Sachs | 44.5^ | 5.0 |
| Morgan Stanley | 44.5^ | 5.0 |
| Citigroup** | 44.5^ | 2.0 |
| BNP Paribas** | 44.5^ | 2.0 |
| Credit Suisse** | 44.25 | 2.0 |
| Goldman Sachs | 44.125 | 5.0 |
| Goldman Sachs | 44.0 | 16.0 |
| Morgan Stanley | 44.0 | 10.0 |
| Bank of America | 44.0 | 10.0 |
| Citigroup | 44.0 | 2.0 |
| Goldman Sachs** | 44.0 | 2.0 |
| Morgan Stanley** | 44.0 | 2.0 |
| Barclays** | 44.0 | 2.0 |
| Deutsche Bank** | 44.0 | 2.0 |
| Barclays | 43.75 | 25.0 |
| Morgan Stanley | 43.5 | 10.0 |
| Goldman Sachs | 43.5 | 5.0 |
| Morgan Stanley | 43.25 | 5.0 |
| Goldman Sachs | 43.25 | 2.0 |
| Goldman Sachs | 43.125 | 5.0 |
| Goldman Sachs | 43.0 | 12.5 |
| Morgan Stanley | 43.0 | 10.0 |
| Goldman Sachs | 43.0 | 10.0 |
| Goldman Sachs | 42.75 | 3.0 |
| Goldman Sachs | 42.625 | 5.0 |
| Morgan Stanley | 42.5 | 15.0 |
| Goldman Sachs | 42.5 | 5.0 |
| Barclays | 42.5 | 3.0 |
| J.P. Morgan Securities LLC.** | 42.5 | 2.0 |
| Goldman Sachs | 42.125 | 5.0 |
| Goldman Sachs | 42.0 | 12.5 |
| Goldman Sachs | 41.75 | 5.0 |
| Morgan Stanley | 41.5 | 10.0 |
| Morgan Stanley | 41.25 | 5.0 |
| Morgan Stanley | 41.0 | 10.0 |
| Morgan Stanley | 41.0 | 1.312 |
| Barclays | 40.5 | 5.0 |
| Barclays | 40.25 | 3.0 |
| Barclays | 40.125 | 43.312 |
| Goldman Sachs | 40.125 | 30.0 |
| Citigroup | 40.125 | 8.0 |
| Bank of America | 40.0 | 20.0 |
| Goldman Sachs | 40.0 | 20.0 |
| Goldman Sachs | 40.0 | 3.0 |
| Citigroup | 39.375 | 25.0 |
| BNP Paribas | 39.0 | 10.0 |
| Barclays | 38.25 | 2.0 |
| Barclays | 38.0 | 93.312 |
| Goldman Sachs | 38.0 | 50.0 |
| Citigroup | 38.0 | 10.0 |
| Citigroup | 38.0 | 5.0 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.