HLI Operating Company Auction Results, 9th June 2009
Final Results of the HLI Operating Company LCDS Auction, 9th June 2009
Final Price: 9.5
On 9th June 2009, 9 dealers submitted inside markets, physical settlement requests and limit orders to the HLI Operating Company auction administered by Creditex and Markit to settle trades across the market referencing HLI Operating Company, Inc..
The inputs and results are detailed below.
Dealer Inside Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Barclays Bank PLC | 4 | 9 | Barclays Bank PLC |
| Citigroup Global Markets Inc. | 10.375 | 15.375 | Citigroup Global Markets Inc. |
| Credit Suisse International | 5.5 | 10.5 | Credit Suisse International |
| Deutsche Bank AG | 5.5 | 10.5 | Deutsche Bank AG |
| Goldman Sachs Lending Partners, L.P. | 9.5 | 14.5 | Goldman Sachs Lending Partners, L.P. |
| J.P. Morgan Securities, Inc. | 21 | 26 | J.P. Morgan Securities, Inc. |
| Morgan Stanley Senior Funding, Inc. | 6 | 11 | Morgan Stanley Senior Funding, Inc. |
| The Royal Bank of Scotland PLC | 8.5 | 13.5 | The Royal Bank of Scotland PLC |
| UBS Securities LLC | 6 | 11 | UBS Securities LLC |
Inside Market Midpoint: 9.625
Adjustment Amounts
J.P. Morgan Securities, Inc.: $227,500
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Barclays Bank PLC | Offer | 0 |
| 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 | 7 |
| The Royal Bank of Scotland PLC | Offer | 0 |
| UBS Securities LLC | Offer | 0 |
Net Open Interest: $7 million to sell
| Sum of Buy Physical Requests | $0.0m |
| Sum of Sell Physical Requests | $7.0m |
| Sum of Physical Request Trades | $0.0m |
| Sum of Limit Order Trades | $7.0m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Citigroup Global Markets Inc.** | 10.375* | 2 |
| J.P. Morgan Securities, Inc.** | 9.625* | 2 |
| Barclays Bank PLC | 9.625* | 2 |
| Goldman Sachs Lending Partners, L.P.** | 9.5^ | 2 |
| The Royal Bank of Scotland PLC** | 8.5 | 2 |
| Morgan Stanley Senior Funding, Inc. | 8.5 | 2 |
| Morgan Stanley Senior Funding, Inc. | 8 | 2 |
| The Royal Bank of Scotland PLC | 8 | 7 |
| Morgan Stanley Senior Funding, Inc. | 7 | 2 |
| Deutsche Bank AG | 7 | 7 |
| UBS Securities LLC** | 6 | 2 |
| Morgan Stanley Senior Funding, Inc.** | 6 | 2 |
| Morgan Stanley Senior Funding, Inc. | 6 | 2 |
| Credit Suisse International** | 5.5 | 2 |
| Deutsche Bank AG** | 5.5 | 2 |
| Barclays Bank PLC** | 4 | 2 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.
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