Final Results of the Edscha Mezzanine Auction, 28th May 2009
Final Price: 3.75
On 28th May 2009, 5 dealers submitted inside markets to the Edscha auction administered by Creditex and S&P Global to settle trades across the market referencing Edscha AG.
Due to a zero Net Open Interest there was no subsequent bidding period to the Edscha Mezzanine auction.
As a result the Inside Market Midpoint value is the Final Price (as defined in the
ELCDS Auction Settlement Terms).
The inputs and results are detailed below.
Dealer Inside Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Barclays Bank PLC | 3 | 7 | Barclays Bank PLC |
| Credit Suisse International | 0.75 | 4.75 | Credit Suisse International |
| Deutsche Bank AG London | 3 | 7 | Deutsche Bank AG London |
| Morgan Stanley & Co. International PLC | 1 | 5 | Morgan Stanley & Co. International PLC |
| UBS AG | 1.5 | 5.5 | UBS AG |
Inside Market Midpoint: 3.75
Adjustment Amounts
No adjustment amounts
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Barclays Bank PLC | Bid | 0 |
| Credit Suisse International | Offer | 0 |
| Deutsche Bank AG London | Offer | 0 |
| Morgan Stanley & Co. International PLC | Offer | 0 |
| UBS AG | Offer | 0 |
Net Open Interest: €0
| Sum of Buy Physical Requests | €0 |
| Sum of Sell Physical Requests | €0 |
| Sum of Physical Request Trades | €0 |
| Sum of Limit Order Trades | €0 |