Charter Communications Auction Results, 21st April 2009
Charter Communications CDS
Charter Communications LCDS
Final Results of the Charter Communications CDS Auction, 21st April 2009
On 21st April 2009, 11 dealers submitted inside markets, physical settlement requests and limit orders to the Charter Communications auction administered by Creditex and Markit to settle trades across the market referencing Charter Communications Holdings, LLC.
The inputs and results are detailed below.
Dealer Inside Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Banc of America Securities LLC | 0.5 | 2.5 | Banc of America Securities LLC |
| Barclays Bank PLC | 0.125 | 2.125 | Barclays Bank PLC |
| BNP Paribas | 0.75 | 2.75 | BNP Paribas |
| Citigroup Global Markets Inc. | 0.5 | 2.5 | Citigroup Global Markets Inc. |
| Credit Suisse International | 0.25 | 2.25 | Credit Suisse International |
| Deutsche Bank AG | 0.5 | 2.5 | Deutsche Bank AG |
| Goldman Sachs & Co. | 0.5 | 2.5 | Goldman Sachs & Co. |
| J.P. Morgan Securities Inc. | 0.5 | 2.5 | J.P. Morgan Securities Inc. |
| Morgan Stanley & Co. Incorporated | 0 | 2 | Morgan Stanley & Co. Incorporated |
| The Royal Bank of Scotland PLC | 1 | 3 | The Royal Bank of Scotland PLC |
| UBS Securities LLC | 0 | 2 | UBS Securities LLC |
Adjustment Amounts
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| BNP Paribas | Offer | 0 |
| Banc of America Securities LLC | Offer | 3.5 |
| Barclays Bank PLC | Offer | 0 |
| Citigroup Global Markets Inc. | Offer | 27.7 |
| Credit Suisse International | Offer | 0 |
| Deutsche Bank AG | Offer | 0 |
| Goldman Sachs & Co. | Offer | 0 |
| J.P. Morgan Securities Inc. | Offer | 10 |
| Morgan Stanley & Co. Incorporated | Offer | 8 |
| The Royal Bank of Scotland PLC | Offer | 0 |
| UBS Securities LLC | Offer | 0 |
| Sum of Buy Physical Requests | $0.0m |
| Sum of Sell Physical Requests | $49.2m |
| Sum of Physical Request Trades | $0.0m |
| Sum of Limit Order Trades | $49.2m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Morgan Stanley & Co. Incorporated | 2.375^ | 49.2 |
| Deutsche Bank AG | 2.375^ | 5 |
| Banc of America Securities LLC | 1.375 | 10 |
| The Royal Bank of Scotland PLC** | 1 | 2 |
| Credit Suisse International | 1 | 49.2 |
| Goldman Sachs & Co. | 0.875 | 5 |
| BNP Paribas** | 0.75 | 2 |
| Goldman Sachs & Co. | 0.75 | 10 |
| Barclays Bank PLC | 0.75 | 5 |
| Credit Suisse International | 0.75 | 25 |
| Goldman Sachs & Co. | 0.625 | 25 |
| Banc of America Securities LLC** | 0.5 | 2 |
| Deutsche Bank AG** | 0.5 | 2 |
| J.P. Morgan Securities Inc.** | 0.5 | 2 |
| Goldman Sachs & Co.** | 0.5 | 2 |
| Citigroup Global Markets Inc.** | 0.5 | 2 |
| Credit Suisse International | 0.5 | 25 |
| Banc of America Securities LLC | 0.5 | 10 |
| Goldman Sachs & Co. | 0.5 | 49.2 |
| J.P. Morgan Securities Inc. | 0.5 | 5 |
| Barclays Bank PLC | 0.5 | 5 |
| Credit Suisse International** | 0.25 | 2 |
| J.P. Morgan Securities Inc. | 0.25 | 5 |
| Citigroup Global Markets Inc. | 0.25 | 49.2 |
| Barclays Bank PLC | 0.25 | 10 |
| Barclays Bank PLC** | 0.125 | 2 |
| Barclays Bank PLC | 0.125 | 49 |
| Morgan Stanley & Co. Incorporated** | 0 | 2 |
| UBS Securities LLC** | 0 | 2 |
** 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 Charter Communications LCDS Auction, 21st April 2009
On 21st April 2009, 10 dealers submitted inside markets, physical settlement requests and limit orders to the Charter Communications auction administered by Creditex and Markit to settle trades across the market referencing Charter Communications Operating, LLC.
The inputs and results are detailed below.
Dealer Inside Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Bank of America, N.A. | 76 | 79 | Bank of America, N.A. |
| Barclays Bank PLC | 78.5 | 81.5 | Barclays Bank PLC |
| Citigroup Global Markets Inc. | 77 | 80 | Citigroup Global Markets Inc. |
| Credit Suisse International | 76.5 | 79.5 | Credit Suisse International |
| Deutsche Bank AG | 81 | 83 | Deutsche Bank AG |
| Goldman Sachs Loan Partners | 80 | 83 | Goldman Sachs Loan Partners |
| J.P. Morgan Securities, Inc. | 79 | 82 | J.P. Morgan Securities, Inc. |
| Morgan Stanley Senior Funding, Inc. | 76 | 78 | Morgan Stanley Senior Funding, Inc. |
| The Royal Bank of Scotland PLC | 76.5 | 79.5 | The Royal Bank of Scotland PLC |
| UBS Securities LLC | 81 | 84 | UBS Securities LLC |
Adjustment Amounts
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Bank of America, N.A. | Offer | 25 |
| Citigroup Global Markets Inc. | Offer | 0 |
| Credit Suisse International | Offer | 0 |
| Deutsche Bank AG | Offer | 0 |
| Goldman Sachs Loan Partners | Offer | 0 |
| Morgan Stanley Senior Funding, Inc. | Offer | 30 |
| The Royal Bank of Scotland PLC | Offer | 0 |
| UBS Securities LLC | Offer | 0 |
| Barclays Bank PLC | Bid | 0 |
| J.P. Morgan Securities, Inc. | Bid | 15 |
| Sum of Buy Physical Requests | $15.0m |
| Sum of Sell Physical Requests | $55.0m |
| Sum of Physical Request Trades | $15.0m |
| Sum of Limit Order Trades | $40.0m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Credit Suisse International | 80* | 18 |
| Deutsche Bank AG** | 79.25* | 2 |
| UBS Securities LLC** | 79.25* | 2 |
| Goldman Sachs Loan Partners** | 79.25* | 2 |
| J.P. Morgan Securities, Inc.** | 79* | 2 |
| Barclays Bank PLC** | 78.5* | 2 |
| J.P. Morgan Securities, Inc. | 78.5* | 5 |
| J.P. Morgan Securities, Inc. | 78^ | 10 |
| Bank of America, N.A. | 77.5 | 10 |
| Citigroup Global Markets Inc.** | 77 | 2 |
| J.P. Morgan Securities, Inc. | 76.75 | 40 |
| Credit Suisse International** | 76.5 | 2 |
| The Royal Bank of Scotland PLC** | 76.5 | 2 |
| Morgan Stanley Senior Funding, Inc. | 76.5 | 10 |
| Bank of America, N.A. | 76.5 | 10 |
| Morgan Stanley Senior Funding, Inc.** | 76 | 2 |
| Bank of America, N.A.** | 76 | 2 |
| Morgan Stanley Senior Funding, Inc. | 76 | 10 |
| Morgan Stanley Senior Funding, Inc. | 75.5 | 10 |
| Morgan Stanley Senior Funding, Inc. | 75 | 10 |
| The Royal Bank of Scotland PLC | 72 | 5 |
| Barclays Bank PLC | 65 | 5 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.
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