Final Results of the Ferretti 1st Lien Auction, 26th February 2009
Final Price: 10.875
On 26th February 2009 , 6 dealers submitted inside markets to the Ferretti auction administered by Creditex and Markit to settle trades across the market referencing Ferretti .
Due to a zero Net Open Interest there was no subsequent bidding period to the 1st Lien 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 | 9 | 14 | Barclays Bank PLC |
| Credit Suisse International | 9 | 14 | Credit Suisse International |
| Deutsche Bank AG | 8 | 13 | Deutsche Bank AG |
| Goldman Sachs International | 8.5 | 13.5 | Goldman Sachs International |
| Morgan Stanley & Co International plc | 9 | 14 | Morgan Stanley & Co International plc |
| UBS AG | 9 | 12 | UBS AG |
Inside Market Midpoint: 10.875
Adjustment Amounts
No adjustment amounts
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Barclays Bank PLC | Offer | 0 |
| Credit Suisse International | Offer | 0 |
| Deutsche Bank AG | Offer | 0 |
| Goldman Sachs International | 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 |