MATALAN FIN PLC Auction Results, 15 September 2020
Final Results of the MATALAN FIN PLC CDS Auction, 15 September 2020
Final Price: 36.5
On 15 September 2020, 10 dealers submitted initial markets, physical settlement requests and limit orders to the MATALAN FIN PLC auction administered by Creditex and S&P Global to settle trades across the market referencing MATALAN FINANCE PLC.
| Relevant Currency |
|---|
| GBP |
| Auction Currency Rates | |
|---|---|
| GBP/GBP | 1.00000 |
The inputs and results are detailed below.
Dealer Initial Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Barclays Bank PLC | 38.0 | 42.0 | Barclays Bank PLC |
| BNP Paribas | 37.0 | 41.0 | BNP Paribas |
| Citigroup Global Markets Limited | 34.5 | 38.5 | Citigroup Global Markets Limited |
| Credit Suisse International | 38.5 | 42.5 | Credit Suisse International |
| Deutsche Bank Aktiengesellschaft | 35.5 | 39.5 | Deutsche Bank Aktiengesellschaft |
| Goldman Sachs International | 35.0 | 39.0 | Goldman Sachs International |
| J.P. Morgan Securities PLC | 35.0 | 39.0 | J.P. Morgan Securities PLC |
| Merrill Lynch International | 36.5 | 40.5 | Merrill Lynch International |
| Morgan Stanley & Co. International PLC | 36.0 | 40.0 | Morgan Stanley & Co. International PLC |
| Société Générale | 38.0 | 42.0 | Société Générale |
Initial Market Midpoint: 38.375
Adjustment Amounts
Credit Suisse International
GBP 1,250
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Barclays Bank PLC | Offer | 18.5 |
| BNP Paribas | Offer | 0.0 |
| Citigroup Global Markets Limited | Offer | 0.0 |
| Credit Suisse International | Offer | 0.0 |
| Deutsche Bank Aktiengesellschaft | Offer | 0.0 |
| Goldman Sachs International | Offer | 0.0 |
| J.P. Morgan Securities PLC | Offer | 0.0 |
| Merrill Lynch International | Offer | 0.0 |
| Morgan Stanley & Co. International PLC | Offer | 0.0 |
| Société Générale | Bid | 7.0 |
Net Open Interest: GBP 11.5 million to sell
| Sum of Buy Physical Requests | 7.0m |
| Sum of Sell Physical Requests | 18.5m |
| Sum of Physical Request Trades | 7.0m |
| Sum of Limit Order Trades | 11.5m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Goldman Sachs International | 40.375* | 0.5 |
| Barclays Bank PLC | 38.5* | 1.5 |
| Credit Suisse International** | 38.375* | 1.0 |
| Barclays Bank PLC** | 38.0* | 1.0 |
| Société Générale** | 38.0* | 1.0 |
| Barclays Bank PLC | 37.5* | 1.0 |
| Credit Suisse International | 37.0* | 3.0 |
| BNP Paribas** | 37.0* | 1.0 |
| Barclays Bank PLC | 36.5^ | 1.0 |
| Merrill Lynch International** | 36.5^ | 1.0 |
| Credit Suisse International | 36.0 | 5.0 |
| Morgan Stanley & Co. International PLC** | 36.0 | 1.0 |
| Credit Suisse International | 35.5 | 10.0 |
| Barclays Bank PLC | 35.5 | 1.0 |
| Deutsche Bank Aktiengesellschaft** | 35.5 | 1.0 |
| BNP Paribas | 35.0 | 3.0 |
| Goldman Sachs International** | 35.0 | 1.0 |
| Goldman Sachs International | 35.0 | 1.0 |
| J.P. Morgan Securities PLC** | 35.0 | 1.0 |
| Citigroup Global Markets Limited** | 34.5 | 1.0 |
| Barclays Bank PLC | 34.5 | 1.0 |
| Barclays Bank PLC | 33.5 | 1.0 |
| BNP Paribas | 33.0 | 5.0 |
| Barclays Bank PLC | 32.5 | 1.0 |
| Credit Suisse International | 30.0 | 2.0 |
| Barclays Bank PLC | 27.5 | 1.0 |
| Barclays Bank PLC | 26.5 | 1.0 |
| Barclays Bank PLC | 25.5 | 1.0 |
| Barclays Bank PLC | 24.5 | 1.0 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.