Sabine Oil Gas Corp Auction Results, 23 June 2015
Final Results of the Sabine Oil Gas Corp CDS Auction, 23 June 2015
Final Price: 15.875
On 23 June 2015, 11 dealers submitted initial markets, physical settlement requests and limit orders to the Sabine Oil Gas Corp auction administered by Creditex and Markit to settle trades across the market referencing Sabine Oil & Gas 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 | 13.75 | 15.75 | Bank of America |
| Barclays | 13.0 | 15.0 | Barclays |
| BNP Paribas | 14.25 | 16.25 | BNP Paribas |
| Citigroup | 14.5 | 16.5 | Citigroup |
| Credit Suisse AG | 14.125 | 16.125 | Credit Suisse AG |
| Deutsche Bank | 14.0 | 16.0 | Deutsche Bank |
| Goldman Sachs | 12.25 | 14.25 | Goldman Sachs |
| J.P. Morgan Securities LLC. | 13.5 | 15.5 | J.P. Morgan Securities LLC. |
| Morgan Stanley | 14.25 | 16.25 | Morgan Stanley |
| Nomura | 14.25 | 16.25 | Nomura |
| Societe Generale | 14.0 | 16.0 | Societe Generale |
Initial Market Midpoint: 14.875
Adjustment Amounts
No Adjustment Amount
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Bank of America | Offer | 4.0 |
| Barclays | Offer | 3.0 |
| BNP Paribas | Offer | 0.0 |
| Citigroup | Offer | 0.0 |
| Credit Suisse AG | Offer | 0.0 |
| Deutsche Bank | Offer | 1.561 |
| Goldman Sachs | Offer | 26.82 |
| J.P. Morgan Securities Inc. | Offer | 10.693 |
| Morgan Stanley | Offer | 0.759 |
| Nomura | Offer | 0.0 |
| Societe Generale | Offer | 0.0 |
Net Open Interest: USD 46.833 million to sell
| Sum of Buy Physical Requests | 0.0m |
| Sum of Sell Physical Requests | 46.833m |
| Sum of Physical Request Trades | 0.0m |
| Sum of Limit Order Trades | 46.833m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Citigroup | 15.875^ | 46.833 |
| Barclays | 15.875^ | 46.833 |
| Citigroup** | 14.5 | 2.0 |
| Morgan Stanley** | 14.25 | 2.0 |
| BNP Paribas** | 14.25 | 2.0 |
| Nomura** | 14.25 | 2.0 |
| Credit Suisse AG** | 14.125 | 2.0 |
| Deutsche Bank** | 14.0 | 2.0 |
| Societe Generale** | 14.0 | 2.0 |
| Bank of America** | 13.75 | 2.0 |
| Bank of America | 13.625 | 2.0 |
| Goldman Sachs | 13.5 | 3.0 |
| J.P. Morgan Securities LLC.** | 13.5 | 2.0 |
| Bank of America | 13.125 | 2.0 |
| Barclays** | 13.0 | 2.0 |
| Bank of America | 12.625 | 5.0 |
| Citigroup | 12.5 | 25.0 |
| Goldman Sachs** | 12.25 | 2.0 |
| Bank of America | 12.125 | 5.0 |
| Bank of America | 11.625 | 5.0 |
| Bank of America | 11.125 | 5.0 |
| Bank of America | 10.625 | 10.0 |
| Credit Suisse AG | 10.625 | 10.0 |
| Credit Suisse AG | 10.625 | 3.0 |
| Goldman Sachs | 10.25 | 21.0 |
| Bank of America | 10.125 | 10.0 |
| J.P. Morgan Securities Inc. | 10.0 | 5.0 |
| Barclays | 10.0 | 2.0 |
| Barclays | 5.0 | 10.0 |
| Deutsche Bank | 5.0 | 6.5 |
| Barclays | 1.0 | 46.833 |
| Goldman Sachs | 0.125 | 0.833 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.