Lear Corp Auction Results, 21st July 2009
Lear Corp
CDS
Final Price: 38.5
Lear Corp
LCDS
Final Price: 66
Final Results of the Lear Corp CDS Auction, 21st July 2009
Final Price: 38.5
On 21st July 2009, 12 dealers submitted inside markets, physical settlement requests and limit orders to the Lear Corp auction administered by Creditex and Markit to settle trades across the market referencing Lear Corporation.
The Lear Corp 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 | 39.5 | 41.5 | Banc of America Securities LLC |
| Barclays Bank PLC | 39.5 | 41.5 | Barclays Bank PLC |
| BNP Paribas | 39 | 41 | BNP Paribas |
| Citigroup Global Markets Inc. | 38.875 | 40.875 | Citigroup Global Markets Inc. |
| Credit Suisse International | 38.5 | 40.5 | Credit Suisse International |
| Deutsche Bank AG | 39 | 41 | Deutsche Bank AG |
| Goldman Sachs & Co. | 38.5 | 40.5 | Goldman Sachs & Co. |
| HSBC Bank USA, National Association | 39 | 41 | HSBC Bank USA, National Association |
| J.P. Morgan Securities, Inc. | 40 | 42 | J.P. Morgan Securities, Inc. |
| Morgan Stanley & Co. Incorporated | 39 | 41 | Morgan Stanley & Co. Incorporated |
| The Royal Bank of Scotland PLC | 37.5 | 39.5 | The Royal Bank of Scotland PLC |
| UBS Securities LLC | 42 | 44 | UBS Securities LLC |
Inside Market Midpoint: 40.125
Adjustment Amounts
UBS Securities LLC : $37,500
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Citigroup Global Markets Inc. | Offer | 23.278 |
| Credit Suisse International | Offer | 16.5 |
| Deutsche Bank AG | Offer | 25 |
| Goldman Sachs & Co. | Offer | 111.5 |
| HSBC Bank USA, National Association | Offer | 0 |
| J.P. Morgan Securities, Inc. | Offer | 0 |
| Morgan Stanley & Co. Incorporated | Offer | 14 |
| The Royal Bank of Scotland PLC | Offer | 0 |
| UBS Securities LLC | Offer | 4.75 |
| BNP Paribas | Bid | 10.5 |
| Banc of America Securities LLC | Bid | 10 |
| Barclays Bank PLC | Bid | 2 |
Net Open Interest: $172.528 million to sell
| Sum of Buy Physical Requests | $22.500m |
| Sum of Sell Physical Requests | $195.028m |
| Sum of Physical Request Trades | $22.500m |
| Sum of Limit Order Trades | $172.528m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| J.P. Morgan Securities, Inc. | 41.125* | 16.6 |
| Credit Suisse International | 41.125* | 4 |
| J.P. Morgan Securities, Inc. | 41* | 20 |
| Banc of America Securities LLC | 40.125* | 75 |
| Morgan Stanley & Co. Incorporated | 40.125* | 5 |
| UBS Securities LLC ** | 40.125* | 2 |
| J.P. Morgan Securities, Inc. | 40* | 10 |
| J.P. Morgan Securities, Inc. | 40* | 5 |
| J.P. Morgan Securities, Inc.** | 40* | 2 |
| J.P. Morgan Securities, Inc. | 39.5* | 5 |
| J.P. Morgan Securities, Inc. | 39.5* | 5 |
| Banc of America Securities LLC** | 39.5* | 2 |
| Barclays Bank PLC** | 39.5* | 2 |
| J.P. Morgan Securities, Inc. | 39* | 5 |
| BNP Paribas** | 39* | 2 |
| Deutsche Bank AG** | 39* | 2 |
| HSBC Bank USA, National Association** | 39* | 2 |
| Morgan Stanley & Co. Incorporated** | 39* | 2 |
| Citigroup Global Markets Inc.** | 38.875* | 2 |
| J.P. Morgan Securities, Inc. | 38.5^ | 10 |
| Credit Suisse International** | 38.5^ | 2 |
| Goldman Sachs & Co.** | 38.5^ | 2 |
| Morgan Stanley & Co. Incorporated | 38.125 | 5 |
| Barclays Bank PLC | 38 | 25 |
| Barclays Bank PLC | 38 | 25 |
| Banc of America Securities LLC | 38 | 20 |
| The Royal Bank of Scotland PLC** | 37.5 | 2 |
| Banc of America Securities LLC | 37.125 | 20 |
| Barclays Bank PLC | 37 | 25 |
| Morgan Stanley & Co. Incorporated | 37 | 10 |
| Citigroup Global Markets Inc. | 36.625 | 8 |
| Barclays Bank PLC | 36.625 | 8 |
| Barclays Bank PLC | 36.625 | 5 |
| Banc of America Securities LLC | 36.25 | 20 |
| Barclays Bank PLC | 36 | 25 |
| Goldman Sachs & Co. | 36 | 20 |
| Goldman Sachs & Co. | 36 | 10 |
| Barclays Bank PLC | 36 | 10 |
| Morgan Stanley & Co. Incorporated | 36 | 5 |
| Barclays Bank PLC | 35.625 | 20 |
| Citigroup Global Markets Inc. | 35.625 | 15 |
| Barclays Bank PLC | 35.625 | 15 |
| UBS Securities LLC | 35.125 | 172.528 |
| Citigroup Global Markets Inc. | 35 | 50 |
| Barclays Bank PLC | 35 | 25 |
| Barclays Bank PLC | 35 | 25 |
| Barclays Bank PLC | 35 | 8 |
| Citigroup Global Markets Inc. | 34.125 | 20 |
| Citigroup Global Markets Inc. | 34 | 25 |
| Barclays Bank PLC | 34 | 20 |
| Barclays Bank PLC | 34 | 15 |
| Barclays Bank PLC | 34 | 12 |
| Morgan Stanley & Co. Incorporated | 34 | 5 |
| Barclays Bank PLC | 33.625 | 22.5 |
| Citigroup Global Markets Inc. | 33.625 | 22.5 |
| Citigroup Global Markets Inc. | 33 | 25 |
| Barclays Bank PLC | 33 | 15 |
| J.P. Morgan Securities, Inc. | 33 | 1 |
| Citigroup Global Markets Inc. | 32.125 | 10 |
| Citigroup Global Markets Inc. | 32 | 50 |
| Goldman Sachs & Co. | 32 | 50 |
| Deutsche Bank AG | 32 | 30 |
| Goldman Sachs & Co. | 32 | 30 |
| Barclays Bank PLC | 32 | 15 |
| Barclays Bank PLC | 31.625 | 30 |
| Citigroup Global Markets Inc. | 31.625 | 30 |
| Barclays Bank PLC | 31 | 15 |
| J.P. Morgan Securities, Inc. | 30.5 | 1 |
| Barclays Bank PLC | 30 | 15 |
| J.P. Morgan Securities, Inc. | 25.5 | 1 |
| Goldman Sachs & Co. | 22.5 | 172.528 |
| Goldman Sachs & Co. | 22 | 85 |
** 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 Lear Corp LCDS Auction, 21st July 2009
Final Price: 66
On 21st July 2009, 9 dealers submitted inside markets, physical settlement requests and limit orders to the Lear Corp auction administered by Creditex and Markit to settle trades across the market referencing Lear Corporation.
The inputs and results are detailed below.
Dealer Inside Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Bank of America, NA | 65.5 | 68.5 | Bank of America, NA |
| Barclays Bank PLC | 65.5 | 68.5 | Barclays Bank PLC |
| Citigroup Global Markets Inc. | 67 | 70 | Citigroup Global Markets Inc. |
| Credit Suisse International | 65.75 | 68.75 | Credit Suisse International |
| Deutsche Bank AG | 67 | 70 | Deutsche Bank AG |
| J.P. Morgan Securities, Inc. | 65 | 68 | J.P. Morgan Securities, Inc. |
| Morgan Stanley Senior Funding, Inc. | 66 | 69 | Morgan Stanley Senior Funding, Inc. |
| The Royal Bank of Scotland PLC | 67.5 | 70.5 | The Royal Bank of Scotland PLC |
| UBS Securities LLC | 67.5 | 70.5 | UBS Securities LLC |
Inside Market Midpoint: 67.75
Adjustment Amounts
No adjustment amounts
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Bank of America, NA | Offer | 20 |
| Barclays Bank PLC | Offer | 0 |
| Citigroup Global Markets Inc. | Offer | 0 |
| Credit Suisse International | Offer | 2 |
| Morgan Stanley Senior Funding, Inc. | Offer | 21 |
| The Royal Bank of Scotland PLC | Offer | 0 |
| UBS Securities LLC | Offer | 42 |
| Deutsche Bank AG | Bid | 5 |
| J.P. Morgan Securities, Inc. | Bid | 10 |
Net Open Interest: $70 million to sell
| Sum of Buy Physical Requests | $15.0m |
| Sum of Sell Physical Requests | $85.0m |
| Sum of Physical Request Trades | $15.0m |
| Sum of Limit Order Trades | $70.0m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Morgan Stanley Senior Funding, Inc. | 67.75* | 5 |
| The Royal Bank of Scotland PLC** | 67.5* | 2 |
| UBS Securities LLC** | 67.5* | 2 |
| J.P. Morgan Securities, Inc. | 67* | 33 |
| Morgan Stanley Senior Funding, Inc. | 67* | 10 |
| Citigroup Global Markets Inc.** | 67* | 2 |
| Deutsche Bank AG** | 67* | 2 |
| UBS Securities LLC | 66.5* | 10 |
| Bank of America, NA | 66^ | 5 |
| Morgan Stanley Senior Funding, Inc.** | 66^ | 2 |
| Credit Suisse International** | 65.75 | 2 |
| Credit Suisse International | 65.625 | 10 |
| Barclays Bank PLC** | 65.5 | 2 |
| Bank of America, NA** | 65.5 | 2 |
| Morgan Stanley Senior Funding, Inc. | 65 | 20 |
| Bank of America, NA | 65 | 10 |
| Barclays Bank PLC | 65 | 5 |
| UBS Securities LLC | 65 | 5 |
| J.P. Morgan Securities, Inc.** | 65 | 2 |
| J.P. Morgan Securities, Inc. | 64.5 | 37 |
| Barclays Bank PLC | 63 | 5 |
| Morgan Stanley Senior Funding, Inc. | 62.75 | 5 |
| Citigroup Global Markets Inc. | 62.5 | 5 |
| Citigroup Global Markets Inc. | 61.5 | 5 |
| Barclays Bank PLC | 61 | 5 |
| Citigroup Global Markets Inc. | 60.5 | 5 |
| Citigroup Global Markets Inc. | 58.5 | 5 |
| Citigroup Global Markets Inc. | 57.5 | 50 |
| Barclays Bank PLC | 55.25 | 70 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.
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