Lear Corp Auction Results, 21st July 2009
Lear Corp
CDS
Final Price: 38.5
Lear Corp
LCDS
Final Price: 66
Final Results of the Lear Corp CDS Auction, 21st July 2009
Final Price: 38.5
On 21st July 2009, 12 dealers submitted inside markets, physical settlement requests and limit orders to the Lear Corp auction administered by Creditex and S&P Global to settle trades across the market referencing Lear Corporation.
The Lear Corp Deliverable Obligations are denominated in USD.
| Relevant Currency |
|---|
| USD |
| Auction Currency Rates | |
|---|---|
| USD/USD | 1.00000 |
The inputs and results are detailed below.
Dealer Inside Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Banc of America Securities LLC | 39.5 | 41.5 | Banc of America Securities LLC |
| Barclays Bank PLC | 39.5 | 41.5 | Barclays Bank PLC |
| BNP Paribas | 39 | 41 | BNP Paribas |
| Citigroup Global Markets Inc. | 38.875 | 40.875 | Citigroup Global Markets Inc. |
| Credit Suisse International | 38.5 | 40.5 | Credit Suisse International |
| Deutsche Bank AG | 39 | 41 | Deutsche Bank AG |
| Goldman Sachs & Co. | 38.5 | 40.5 | Goldman Sachs & Co. |
| HSBC Bank USA, National Association | 39 | 41 | HSBC Bank USA, National Association |
| J.P. Morgan Securities, Inc. | 40 | 42 | J.P. Morgan Securities, Inc. |
| Morgan Stanley & Co. Incorporated | 39 | 41 | Morgan Stanley & Co. Incorporated |
| The Royal Bank of Scotland PLC | 37.5 | 39.5 | The Royal Bank of Scotland PLC |
| UBS Securities LLC | 42 | 44 | UBS Securities LLC |
Inside Market Midpoint: 40.125
Adjustment Amounts
UBS Securities LLC : $37,500
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Citigroup Global Markets Inc. | Offer | 23.278 |
| Credit Suisse International | Offer | 16.5 |
| Deutsche Bank AG | Offer | 25 |
| Goldman Sachs & Co. | Offer | 111.5 |
| HSBC Bank USA, National Association | Offer | 0 |
| J.P. Morgan Securities, Inc. | Offer | 0 |
| Morgan Stanley & Co. Incorporated | Offer | 14 |
| The Royal Bank of Scotland PLC | Offer | 0 |
| UBS Securities LLC | Offer | 4.75 |
| BNP Paribas | Bid | 10.5 |
| Banc of America Securities LLC | Bid | 10 |
| Barclays Bank PLC | Bid | 2 |
Net Open Interest: $172.528 million to sell
| Sum of Buy Physical Requests | $22.500m |
| Sum of Sell Physical Requests | $195.028m |
| Sum of Physical Request Trades | $22.500m |
| Sum of Limit Order Trades | $172.528m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| J.P. Morgan Securities, Inc. | 41.125* | 16.6 |
| Credit Suisse International | 41.125* | 4 |
| J.P. Morgan Securities, Inc. | 41* | 20 |
| Banc of America Securities LLC | 40.125* | 75 |
| Morgan Stanley & Co. Incorporated | 40.125* | 5 |
| UBS Securities LLC ** | 40.125* | 2 |
| J.P. Morgan Securities, Inc. | 40* | 10 |
| J.P. Morgan Securities, Inc. | 40* | 5 |
| J.P. Morgan Securities, Inc.** | 40* | 2 |
| J.P. Morgan Securities, Inc. | 39.5* | 5 |
| J.P. Morgan Securities, Inc. | 39.5* | 5 |
| Banc of America Securities LLC** | 39.5* | 2 |
| Barclays Bank PLC** | 39.5* | 2 |
| J.P. Morgan Securities, Inc. | 39* | 5 |
| BNP Paribas** | 39* | 2 |
| Deutsche Bank AG** | 39* | 2 |
| HSBC Bank USA, National Association** | 39* | 2 |
| Morgan Stanley & Co. Incorporated** | 39* | 2 |
| Citigroup Global Markets Inc.** | 38.875* | 2 |
| J.P. Morgan Securities, Inc. | 38.5^ | 10 |
| Credit Suisse International** | 38.5^ | 2 |
| Goldman Sachs & Co.** | 38.5^ | 2 |
| Morgan Stanley & Co. Incorporated | 38.125 | 5 |
| Barclays Bank PLC | 38 | 25 |
| Barclays Bank PLC | 38 | 25 |
| Banc of America Securities LLC | 38 | 20 |
| The Royal Bank of Scotland PLC** | 37.5 | 2 |
| Banc of America Securities LLC | 37.125 | 20 |
| Barclays Bank PLC | 37 | 25 |
| Morgan Stanley & Co. Incorporated | 37 | 10 |
| Citigroup Global Markets Inc. | 36.625 | 8 |
| Barclays Bank PLC | 36.625 | 8 |
| Barclays Bank PLC | 36.625 | 5 |
| Banc of America Securities LLC | 36.25 | 20 |
| Barclays Bank PLC | 36 | 25 |
| Goldman Sachs & Co. | 36 | 20 |
| Goldman Sachs & Co. | 36 | 10 |
| Barclays Bank PLC | 36 | 10 |
| Morgan Stanley & Co. Incorporated | 36 | 5 |
| Barclays Bank PLC | 35.625 | 20 |
| Citigroup Global Markets Inc. | 35.625 | 15 |
| Barclays Bank PLC | 35.625 | 15 |
| UBS Securities LLC | 35.125 | 172.528 |
| Citigroup Global Markets Inc. | 35 | 50 |
| Barclays Bank PLC | 35 | 25 |
| Barclays Bank PLC | 35 | 25 |
| Barclays Bank PLC | 35 | 8 |
| Citigroup Global Markets Inc. | 34.125 | 20 |
| Citigroup Global Markets Inc. | 34 | 25 |
| Barclays Bank PLC | 34 | 20 |
| Barclays Bank PLC | 34 | 15 |
| Barclays Bank PLC | 34 | 12 |
| Morgan Stanley & Co. Incorporated | 34 | 5 |
| Barclays Bank PLC | 33.625 | 22.5 |
| Citigroup Global Markets Inc. | 33.625 | 22.5 |
| Citigroup Global Markets Inc. | 33 | 25 |
| Barclays Bank PLC | 33 | 15 |
| J.P. Morgan Securities, Inc. | 33 | 1 |
| Citigroup Global Markets Inc. | 32.125 | 10 |
| Citigroup Global Markets Inc. | 32 | 50 |
| Goldman Sachs & Co. | 32 | 50 |
| Deutsche Bank AG | 32 | 30 |
| Goldman Sachs & Co. | 32 | 30 |
| Barclays Bank PLC | 32 | 15 |
| Barclays Bank PLC | 31.625 | 30 |
| Citigroup Global Markets Inc. | 31.625 | 30 |
| Barclays Bank PLC | 31 | 15 |
| J.P. Morgan Securities, Inc. | 30.5 | 1 |
| Barclays Bank PLC | 30 | 15 |
| J.P. Morgan Securities, Inc. | 25.5 | 1 |
| Goldman Sachs & Co. | 22.5 | 172.528 |
| Goldman Sachs & Co. | 22 | 85 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.
Back to topFinal Results of the Lear Corp LCDS Auction, 21st July 2009
Final Price: 66
On 21st July 2009, 9 dealers submitted inside markets, physical settlement requests and limit orders to the Lear Corp auction administered by Creditex and S&P Global to settle trades across the market referencing Lear Corporation.
The inputs and results are detailed below.
Dealer Inside Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Bank of America, NA | 65.5 | 68.5 | Bank of America, NA |
| Barclays Bank PLC | 65.5 | 68.5 | Barclays Bank PLC |
| Citigroup Global Markets Inc. | 67 | 70 | Citigroup Global Markets Inc. |
| Credit Suisse International | 65.75 | 68.75 | Credit Suisse International |
| Deutsche Bank AG | 67 | 70 | Deutsche Bank AG |
| J.P. Morgan Securities, Inc. | 65 | 68 | J.P. Morgan Securities, Inc. |
| Morgan Stanley Senior Funding, Inc. | 66 | 69 | Morgan Stanley Senior Funding, Inc. |
| The Royal Bank of Scotland PLC | 67.5 | 70.5 | The Royal Bank of Scotland PLC |
| UBS Securities LLC | 67.5 | 70.5 | UBS Securities LLC |
Inside Market Midpoint: 67.75
Adjustment Amounts
No adjustment amounts
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Bank of America, NA | Offer | 20 |
| Barclays Bank PLC | Offer | 0 |
| Citigroup Global Markets Inc. | Offer | 0 |
| Credit Suisse International | Offer | 2 |
| Morgan Stanley Senior Funding, Inc. | Offer | 21 |
| The Royal Bank of Scotland PLC | Offer | 0 |
| UBS Securities LLC | Offer | 42 |
| Deutsche Bank AG | Bid | 5 |
| J.P. Morgan Securities, Inc. | Bid | 10 |
Net Open Interest: $70 million to sell
| Sum of Buy Physical Requests | $15.0m |
| Sum of Sell Physical Requests | $85.0m |
| Sum of Physical Request Trades | $15.0m |
| Sum of Limit Order Trades | $70.0m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Morgan Stanley Senior Funding, Inc. | 67.75* | 5 |
| The Royal Bank of Scotland PLC** | 67.5* | 2 |
| UBS Securities LLC** | 67.5* | 2 |
| J.P. Morgan Securities, Inc. | 67* | 33 |
| Morgan Stanley Senior Funding, Inc. | 67* | 10 |
| Citigroup Global Markets Inc.** | 67* | 2 |
| Deutsche Bank AG** | 67* | 2 |
| UBS Securities LLC | 66.5* | 10 |
| Bank of America, NA | 66^ | 5 |
| Morgan Stanley Senior Funding, Inc.** | 66^ | 2 |
| Credit Suisse International** | 65.75 | 2 |
| Credit Suisse International | 65.625 | 10 |
| Barclays Bank PLC** | 65.5 | 2 |
| Bank of America, NA** | 65.5 | 2 |
| Morgan Stanley Senior Funding, Inc. | 65 | 20 |
| Bank of America, NA | 65 | 10 |
| Barclays Bank PLC | 65 | 5 |
| UBS Securities LLC | 65 | 5 |
| J.P. Morgan Securities, Inc.** | 65 | 2 |
| J.P. Morgan Securities, Inc. | 64.5 | 37 |
| Barclays Bank PLC | 63 | 5 |
| Morgan Stanley Senior Funding, Inc. | 62.75 | 5 |
| Citigroup Global Markets Inc. | 62.5 | 5 |
| Citigroup Global Markets Inc. | 61.5 | 5 |
| Barclays Bank PLC | 61 | 5 |
| Citigroup Global Markets Inc. | 60.5 | 5 |
| Citigroup Global Markets Inc. | 58.5 | 5 |
| Citigroup Global Markets Inc. | 57.5 | 50 |
| Barclays Bank PLC | 55.25 | 70 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.
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