Panrico Auction Results, 23 November 2011
Due to a zero Net Open Interest there was no subsequent bidding period to the Panrico ELCDS auction.
As a result the Inside Market Midpoint value is the Final Price (as defined in the ELCDS Auction Settlement Terms).
Final Results of the Panrico LCDS Auction, 23 November 2011
Final Price: 8.125
On 23 November 2011, 5 dealers submitted initial markets, physical settlement requests and limit orders to the Panrico auction administered by Creditex and S&P Global to settle trades across the market referencing Panrico, S.L. Unipersonal.
The Panrico Deliverable Obligations are denominated in EUR.
| Relevant Currency |
|---|
| EUR |
| Auction Currency Rates | |
|---|---|
| EUR/EUR | 1.00000 |
The inputs and results are detailed below.
Dealer Initial Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Credit Suisse International | 3.0 | 13.0 | Credit Suisse International |
| Goldman Sachs International | 2.5 | 12.5 | Goldman Sachs International |
| JPMorgan Chase Bank N.A. | 5.0 | 15.0 | JPMorgan Chase Bank N.A. |
| Morgan Stanley & Co. International PLC | 0.5 | 10.0 | Morgan Stanley & Co. International PLC |
| The Royal Bank of Scotland PLC | 5.0 | 15.0 | The Royal Bank of Scotland PLC |
Initial Market Midpoint: 8.125
Adjustment Amounts
No Adjustment Amount
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Credit Suisse International | Offer | 0.0 |
| Goldman Sachs International | Offer | 0.0 |
| JPMorgan Chase Bank N.A. | Offer | 0.0 |
| Morgan Stanley & Co. International PLC | Offer | 0.0 |
| The Royal Bank of Scotland PLC | Offer | 0.0 |
Net Open Interest: None
| Sum of Buy Physical Requests | 0.0m |
| Sum of Sell Physical Requests | 0.0m |
| Sum of Physical Request Trades | 0.0m |
| Sum of Limit Order Trades | 0.0m |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.