LyondellBasell Auction Results, 16th April 2009
Final Results of the LyondellBasell CDS Auction, 16th April 2009
Final Price: 2
On 16th April 2009, 14 dealers submitted inside markets, physical settlement requests and limit orders to the LyondellBasell auction administered by Creditex and Markit to settle trades across the market referencing LyondellBasell Industries AF S.C.A..
The inputs and results are detailed below.
Dealer Inside Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Bank of America, N.A. | 2.5 | 3.5 | Bank of America, N.A. |
| Barclays Bank PLC | 3 | 4 | Barclays Bank PLC |
| BNP Paribas | 2.875 | 3.875 | BNP Paribas |
| Citigroup Global Markets Limited | 2.75 | 3.75 | Citigroup Global Markets Limited |
| Credit Suisse International | 3 | 4 | Credit Suisse International |
| Deutsche Bank AG | 3 | 4 | Deutsche Bank AG |
| Goldman Sachs International | 2.5 | 3.5 | Goldman Sachs International |
| HSBC Bank plc | 3 | 4 | HSBC Bank plc |
| JP Morgan Chase Bank, N.A. | 2.75 | 3.75 | JP Morgan Chase Bank, N.A. |
| Morgan Stanley & Co International plc | 3 | 4 | Morgan Stanley & Co International plc |
| Nomura International PLC | 3.375 | 4.375 | Nomura International PLC |
| Societe Generale | 2.875 | 3.875 | Societe Generale |
| The Royal Bank of Scotland PLC | 3.25 | 4.25 | The Royal Bank of Scotland PLC |
| UBS AG | 2.875 | 3.875 | UBS AG |
Inside Market Midpoint: 3.375
Adjustment Amounts
No adjustment amounts
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| BNP Paribas | Offer | 0 |
| Bank of America, N.A. | Offer | 3 |
| Citigroup Global Markets Limited | Offer | 5 |
| Credit Suisse International | Offer | 21 |
| Deutsche Bank AG | Offer | 138 |
| Goldman Sachs International | Offer | 14.5 |
| HSBC Bank plc | Offer | 10 |
| Morgan Stanley & Co International plc | Offer | 17 |
| Nomura International PLC | Offer | 0 |
| UBS AG | Offer | 1.8 |
| Barclays Bank PLC | Bid | 40 |
| JP Morgan Chase Bank, N.A. | Bid | 47.055 |
| Societe Generale | Bid | 0 |
| The Royal Bank of Scotland PLC | Bid | 28 |
Net Open Interest: €95.245 million to sell
| Sum of Buy Physical Requests | €115.055m |
| Sum of Sell Physical Requests | €210.300m |
| Sum of Physical Request Trades | €115.055m |
| Sum of Limit Order Trades | €95.245m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Nomura International PLC** | 3.375* | 2 |
| The Royal Bank of Scotland PLC** | 3.25* | 2 |
| Goldman Sachs International | 3* | 22 |
| Morgan Stanley & Co International plc** | 3* | 2 |
| Barclays Bank PLC | 3* | 5 |
| Credit Suisse International** | 3* | 2 |
| Morgan Stanley & Co International plc | 3* | 5 |
| Barclays Bank PLC** | 3* | 2 |
| Deutsche Bank AG** | 3* | 2 |
| Deutsche Bank AG | 3* | 10 |
| Nomura International PLC | 3* | 1 |
| HSBC Bank plc** | 3* | 2 |
| Societe Generale** | 2.875* | 2 |
| UBS AG** | 2.875* | 2 |
| BNP Paribas** | 2.875* | 2 |
| Nomura International PLC | 2.75* | 2 |
| JP Morgan Chase Bank, N.A.** | 2.75* | 2 |
| HSBC Bank plc | 2.75* | 2 |
| Citigroup Global Markets Limited** | 2.75* | 2 |
| Bank of America, N.A.** | 2.5* | 2 |
| Goldman Sachs International** | 2.5* | 2 |
| UBS AG | 2.5* | 2 |
| Deutsche Bank AG | 2^ | 10 |
| Barclays Bank PLC | 2^ | 10 |
| Goldman Sachs International | 2^ | 50 |
| JP Morgan Chase Bank, N.A. | 2^ | 20 |
| Barclays Bank PLC | 1.75 | 10 |
| Barclays Bank PLC | 1.5 | 2.5 |
| The Royal Bank of Scotland PLC | 1.5 | 10 |
| Barclays Bank PLC | 1 | 20 |
| The Royal Bank of Scotland PLC | 1 | 10 |
| Goldman Sachs International | 1 | 50 |
| Deutsche Bank AG | 0.5 | 95.245 |
| JP Morgan Chase Bank, N.A. | 0.5 | 70 |
| Barclays Bank PLC | 0.5 | 2.5 |
| Barclays Bank PLC | 0.5 | 20 |
| JP Morgan Chase Bank, N.A. | 0.375 | 95 |
| Morgan Stanley & Co International plc | 0.25 | 10 |
| Morgan Stanley & Co International plc | 0.125 | 11 |
| Morgan Stanley & Co International plc | 0.125 | 50 |
| Morgan Stanley & Co International plc | 0.125 | 20 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.
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