Visteon Auction Results, 23rd June 2009
Visteon CDS
Final Price: 3
Visteon LCDS
Final Price: 39
Final Results of the Visteon CDS Auction, 23rd June 2009
Final Price: 3
On 23rd June 2009, 12 dealers submitted inside markets, physical settlement requests and limit orders to the Visteon auction administered by Creditex and S&P Global to settle trades across the market referencing Visteon Corporation.
The Visteon Deliverable Obligations are denominated in USD .
| Relevant Currency |
|---|
| USD |
| Auction Currency Rates | |
|---|---|
| USD/USD | 1.00000 |
The inputs and results are detailed below.
Dealer Inside Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Banc of America Securities LLC | 3 | 5 | Banc of America Securities LLC |
| Barclays Bank PLC | 4 | 6 | Barclays Bank PLC |
| BNP Paribas | 4 | 6 | BNP Paribas |
| Citigroup Global Markets Inc. | 4 | 6 | Citigroup Global Markets Inc. |
| Credit Suisse International | 3.5 | 5.5 | Credit Suisse International |
| Deutsche Bank AG | 2.5 | 4.5 | Deutsche Bank AG |
| Goldman Sachs & Co. | 3.25 | 5.25 | Goldman Sachs & Co. |
| HSBC Bank USA, National Association | 4 | 6 | HSBC Bank USA, National Association |
| J.P. Morgan Securities, Inc. | 6 | 8 | J.P. Morgan Securities, Inc. |
| Morgan Stanley & Co. Incorporated | 3.25 | 5.25 | Morgan Stanley & Co. Incorporated |
| The Royal Bank of Scotland PLC | 4.5 | 6.5 | The Royal Bank of Scotland PLC |
| UBS Securities LLC | 4 | 6 | UBS Securities LLC |
Inside Market Midpoint: 4.75
Adjustment Amounts
J.P. Morgan Securities, Inc.: $25,000
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| BNP Paribas | Offer | 9 |
| Banc of America Securities LLC | Offer | 130 |
| Barclays Bank PLC | Offer | 12 |
| Citigroup Global Markets Inc. | Offer | 13.192 |
| Credit Suisse International | Offer | 13 |
| HSBC Bank USA, National Association | Offer | 0 |
| Morgan Stanley & Co. Incorporated | Offer | 25 |
| The Royal Bank of Scotland PLC | Offer | 0 |
| UBS Securities LLC | Offer | 6.449 |
| Deutsche Bank AG | Bid | 0 |
| Goldman Sachs & Co. | Bid | 18.464 |
| J.P. Morgan Securities, Inc. | Bid | 10.5 |
Net Open Interest: $179.677 million to sell
| Sum of Buy Physical Requests | $28.964m |
| Sum of Sell Physical Requests | $208.641m |
| Sum of Physical Request Trades | $28.964m |
| Sum of Limit Order Trades | $179.677m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| J.P. Morgan Securities, Inc.** | 4.75* | 2 |
| Credit Suisse International | 4.75* | 20 |
| J.P. Morgan Securities, Inc. | 4.75* | 10 |
| The Royal Bank of Scotland PLC** | 4.5* | 2 |
| HSBC Bank USA, National Association** | 4* | 2 |
| Citigroup Global Markets Inc.** | 4* | 2 |
| UBS Securities LLC ** | 4* | 2 |
| Barclays Bank PLC** | 4* | 2 |
| BNP Paribas** | 4* | 2 |
| Credit Suisse International** | 3.5* | 2 |
| UBS Securities LLC | 3.5* | 10 |
| Banc of America Securities LLC | 3.375* | 91 |
| Goldman Sachs & Co.** | 3.25* | 2 |
| Morgan Stanley & Co. Incorporated** | 3.25* | 2 |
| Banc of America Securities LLC** | 3^ | 2 |
| UBS Securities LLC | 3^ | 25 |
| Credit Suisse International | 3^ | 8 |
| J.P. Morgan Securities, Inc. | 3^ | 20 |
| Deutsche Bank AG** | 2.5 | 2 |
| J.P. Morgan Securities, Inc. | 2.5 | 50 |
| Goldman Sachs & Co. | 2.5 | 28 |
| J.P. Morgan Securities, Inc. | 2.125 | 10 |
| J.P. Morgan Securities, Inc. | 2 | 150 |
| J.P. Morgan Securities, Inc. | 1.5 | 20 |
| Goldman Sachs & Co. | 1.125 | 179.677 |
| Goldman Sachs & Co. | 1.125 | 50 |
| Deutsche Bank AG | 1 | 50 |
| J.P. Morgan Securities, Inc. | 1 | 100 |
| UBS Securities LLC | 1 | 179.677 |
| Barclays Bank PLC | 1 | 10 |
| Deutsche Bank AG | 0.5 | 125 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.
Back to topFinal Results of the Visteon LCDS Auction, 23rd June 2009
Final Price: 39
On 23rd June 2009, 10 dealers submitted inside markets, physical settlement requests and limit orders to the Visteon auction administered by Creditex and S&P Global to settle trades across the market referencing Visteon Corporation.
The inputs and results are detailed below.
Dealer Inside Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Bank of America, NA | 37.5 | 40.5 | Bank of America, NA |
| Barclays Bank PLC | 39 | 42 | Barclays Bank PLC |
| Citigroup Global Markets Inc. | 38.125 | 41.125 | Citigroup Global Markets Inc. |
| Credit Suisse International | 39.5 | 42.5 | Credit Suisse International |
| Deutsche Bank AG | 37 | 40 | Deutsche Bank AG |
| Goldman Sachs Lending Partners, L.P. | 39.5 | 41.5 | Goldman Sachs Lending Partners, L.P. |
| J.P. Morgan Securities, Inc. | 38.5 | 41.5 | J.P. Morgan Securities, Inc. |
| Morgan Stanley Senior Funding, Inc. | 38.5 | 41 | Morgan Stanley Senior Funding, Inc. |
| The Royal Bank of Scotland PLC | 39 | 41 | The Royal Bank of Scotland PLC |
| UBS Securities LLC | 39.5 | 42.5 | UBS Securities LLC |
Inside Market Midpoint: 40
Adjustment Amounts
No adjustment amounts
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Bank of America, NA | Offer | 0 |
| Barclays Bank PLC | Offer | 15 |
| Citigroup Global Markets Inc. | Offer | 0 |
| Credit Suisse International | Offer | 0 |
| Deutsche Bank AG | Offer | 0 |
| Goldman Sachs Lending Partners, L.P. | Offer | 0 |
| J.P. Morgan Securities, Inc. | Offer | 0 |
| Morgan Stanley Senior Funding, Inc. | Offer | 25 |
| The Royal Bank of Scotland PLC | Offer | 0 |
| UBS Securities LLC | Offer | 0 |
Net Open Interest: $40 million to sell
| Sum of Buy Physical Requests | $0.0m |
| Sum of Sell Physical Requests | $40.0m |
| Sum of Physical Request Trades | $0.0m |
| Sum of Limit Order Trades | $40.0m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Goldman Sachs Lending Partners, L.P. | 40.75* | 10 |
| J.P. Morgan Securities, Inc. | 40* | 5 |
| Credit Suisse International** | 39.5* | 2 |
| UBS Securities LLC** | 39.5* | 2 |
| Goldman Sachs Lending Partners, L.P.** | 39.5* | 2 |
| J.P. Morgan Securities, Inc. | 39.5* | 10 |
| Bank of America, NA | 39^ | 5 |
| J.P. Morgan Securities, Inc. | 39^ | 15 |
| Barclays Bank PLC** | 39^ | 2 |
| The Royal Bank of Scotland PLC** | 39^ | 2 |
| Goldman Sachs Lending Partners, L.P. | 38.75 | 30 |
| J.P. Morgan Securities, Inc.** | 38.5 | 2 |
| Morgan Stanley Senior Funding, Inc.** | 38.5 | 2 |
| Citigroup Global Markets Inc.** | 38.125 | 2 |
| Bank of America, NA | 38 | 10 |
| Bank of America, NA** | 37.5 | 2 |
| Morgan Stanley Senior Funding, Inc. | 37.5 | 5 |
| UBS Securities LLC | 37 | 3 |
| Barclays Bank PLC | 37 | 5 |
| Deutsche Bank AG** | 37 | 2 |
| The Royal Bank of Scotland PLC | 36 | 5 |
| Morgan Stanley Senior Funding, Inc. | 35 | 10 |
| The Royal Bank of Scotland PLC | 35 | 5 |
| Barclays Bank PLC | 35 | 5 |
| The Royal Bank of Scotland PLC | 34 | 5 |
| Morgan Stanley Senior Funding, Inc. | 33 | 25 |
| Barclays Bank PLC | 33 | 5 |
| Barclays Bank PLC | 30 | 40 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.
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