Chesapeake Engy Corp Auction Results, 04 August 2020
Final Results of the Chesapeake Engy Corp CDS Auction, 04 August 2020
Final Price: 3.5
On 04 August 2020, 10 dealers submitted initial markets, physical settlement requests and limit orders to the Chesapeake Engy Corp auction administered by Creditex and S&P Global to settle trades across the market referencing Chesapeake Energy Corporation.
| Relevant Currency |
|---|
| USD |
| Auction Currency Rates | |
|---|---|
| USD/USD | 1.00000 |
The inputs and results are detailed below.
Dealer Initial Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Bank of America | 3.0 | 5.0 | Bank of America |
| Barclays | 2.75 | 4.75 | Barclays |
| BNP Paribas | 3.0 | 5.0 | BNP Paribas |
| Citigroup | 3.5 | 5.5 | Citigroup |
| Credit Suisse | 4.5 | 5.5 | Credit Suisse |
| Deutsche Bank | 4.0 | 6.0 | Deutsche Bank |
| Goldman Sachs | 3.0 | 5.0 | Goldman Sachs |
| J.P. Morgan Securities LLC. | 3.5 | 5.5 | J.P. Morgan Securities LLC. |
| Morgan Stanley | 4.0 | 6.0 | Morgan Stanley |
| RBC Capital Markets LLC | 3.5 | 5.5 | RBC Capital Markets LLC |
Initial Market Midpoint: 4.5
Adjustment Amounts
No Adjustment Amount
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Bank of America | Offer | 0.0 |
| Barclays | Offer | 0.0 |
| BNP Paribas | Offer | 0.0 |
| Deutsche Bank | Offer | 0.0 |
| Goldman Sachs | Offer | 238.433 |
| J.P. Morgan Securities LLC. | Offer | 44.193 |
| Morgan Stanley | Offer | 0.0 |
| RBC Capital Markets LLC | Offer | 0.0 |
| Citigroup | Bid | 12.0 |
| Credit Suisse | Bid | 5.0 |
Net Open Interest: USD 265.626 million to sell
| Sum of Buy Physical Requests | 17.0m |
| Sum of Sell Physical Requests | 282.626m |
| Sum of Physical Request Trades | 17.0m |
| Sum of Limit Order Trades | 265.626m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Barclays | 5.5* | 24.0 |
| Barclays | 5.5* | 12.0 |
| Barclays | 5.5* | 10.0 |
| Bank of America | 5.5* | 5.0 |
| Credit Suisse | 5.5* | 5.0 |
| Morgan Stanley | 4.75* | 20.0 |
| Bank of America | 4.625* | 3.0 |
| Barclays | 4.5* | 21.111 |
| Goldman Sachs | 4.5* | 10.0 |
| Bank of America | 4.5* | 5.0 |
| Credit Suisse** | 4.5* | 2.0 |
| BNP Paribas | 4.5* | 1.0 |
| Barclays | 4.375* | 0.603 |
| Barclays | 4.25* | 0.639 |
| Goldman Sachs | 4.125* | 25.0 |
| Barclays | 4.125* | 0.677 |
| Barclays | 4.0* | 12.595 |
| RBC Capital Markets LLC | 4.0* | 5.0 |
| Deutsche Bank** | 4.0* | 2.0 |
| Morgan Stanley** | 4.0* | 2.0 |
| Barclays | 3.875* | 1.149 |
| Morgan Stanley | 3.75* | 30.0 |
| Barclays | 3.75* | 1.226 |
| Goldman Sachs | 3.625* | 5.0 |
| Bank of America | 3.625* | 3.0 |
| Barclays | 3.625* | 1.31 |
| Barclays | 3.5^ | 14.975 |
| Barclays | 3.5^ | 14.0 |
| Barclays | 3.5^ | 10.0 |
| Barclays | 3.5^ | 7.0 |
| Bank of America | 3.5^ | 5.0 |
| Bank of America | 3.5^ | 5.0 |
| RBC Capital Markets LLC** | 3.5^ | 2.0 |
| J.P. Morgan Securities LLC.** | 3.5^ | 2.0 |
| Citigroup** | 3.5^ | 2.0 |
| RBC Capital Markets LLC | 3.375 | 5.0 |
| Barclays | 3.375 | 2.011 |
| Morgan Stanley | 3.25 | 25.0 |
| Bank of America | 3.25 | 10.0 |
| Barclays | 3.25 | 2.165 |
| Barclays | 3.125 | 2.338 |
| Barclays | 3.0 | 34.2 |
| Morgan Stanley | 3.0 | 25.0 |
| Goldman Sachs | 3.0 | 10.0 |
| Barclays | 3.0 | 10.0 |
| RBC Capital Markets LLC | 3.0 | 10.0 |
| Goldman Sachs | 3.0 | 5.0 |
| Bank of America | 3.0 | 5.0 |
| Bank of America** | 3.0 | 2.0 |
| Goldman Sachs** | 3.0 | 2.0 |
| BNP Paribas** | 3.0 | 2.0 |
| Barclays | 2.875 | 4.13 |
| Bank of America | 2.75 | 25.0 |
| Barclays | 2.75 | 4.505 |
| Barclays** | 2.75 | 2.0 |
| Bank of America | 2.625 | 6.0 |
| Goldman Sachs | 2.625 | 5.0 |
| Barclays | 2.625 | 4.935 |
| Morgan Stanley | 2.5 | 50.0 |
| Citigroup | 2.5 | 15.0 |
| RBC Capital Markets LLC | 2.5 | 15.0 |
| Barclays | 2.5 | 10.0 |
| Goldman Sachs | 2.5 | 10.0 |
| Goldman Sachs | 2.5 | 10.0 |
| Barclays | 2.5 | 5.429 |
| Barclays | 2.375 | 6.0 |
| Barclays | 2.25 | 48.889 |
| Barclays | 2.25 | 28.0 |
| Barclays | 2.25 | 14.0 |
| Barclays | 2.25 | 10.0 |
| Barclays | 2.125 | 10.0 |
| Barclays | 2.125 | 9.935 |
| Goldman Sachs | 2.0 | 265.626 |
| Credit Suisse | 2.0 | 50.0 |
| Goldman Sachs | 2.0 | 40.0 |
| RBC Capital Markets LLC | 2.0 | 15.0 |
| Barclays | 2.0 | 11.176 |
| Barclays | 2.0 | 10.0 |
| Barclays | 2.0 | 10.0 |
| Barclays | 1.875 | 15.0 |
| Barclays | 1.875 | 12.667 |
| Barclays | 1.75 | 15.0 |
| Barclays | 1.75 | 14.476 |
| Barclays | 1.625 | 15.0 |
| Bank of America | 1.625 | 14.0 |
| Goldman Sachs | 1.625 | 5.0 |
| Credit Suisse | 1.5 | 150.0 |
| Barclays | 1.5 | 15.0 |
| Barclays | 1.375 | 20.0 |
| Barclays | 1.25 | 20.0 |
| Barclays | 1.125 | 20.0 |
| Goldman Sachs | 1.125 | 10.0 |
| Credit Suisse | 1.0 | 265.626 |
| Barclays | 1.0 | 250.0 |
| Barclays | 1.0 | 20.0 |
| Citigroup | 1.0 | 15.0 |
| Barclays | 0.875 | 20.0 |
| Barclays | 0.75 | 25.0 |
| Bank of America | 0.625 | 80.0 |
| Barclays | 0.625 | 25.0 |
| Barclays | 0.5 | 100.0 |
| Barclays | 0.5 | 50.0 |
| Barclays | 0.5 | 25.0 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.