Eastman Kodak Co Auction Results, 22 February 2012
Final Results of the Eastman Kodak Co CDS Auction, 22 February 2012
Final Price: 23.875
On 22 February 2012, 13 dealers submitted initial markets, physical settlement requests and limit orders to the Eastman Kodak Co auction administered by Creditex and S&P Global to settle trades across the market referencing Eastman Kodak Company.
| Relevant Currency |
|---|
| USD |
| Auction Currency Rates | |
|---|---|
| USD/USD | 1.00000 |
The inputs and results are detailed below.
Dealer Initial Markets
| Dealer | Bid | Offer | Dealer |
|---|---|---|---|
| Barclays Bank Plc | 24.5 | 26.5 | Barclays Bank Plc |
| BNP Paribas | 22.0 | 24.0 | BNP Paribas |
| Citigroup Global Markets Inc. | 22.0 | 24.0 | Citigroup Global Markets Inc. |
| Credit Suisse International | 22.5 | 24.5 | Credit Suisse International |
| Deutsche Bank AG | 21.5 | 23.5 | Deutsche Bank AG |
| Goldman, Sachs & Co. | 19.25 | 21.25 | Goldman, Sachs & Co. |
| J.P. Morgan Securities LLC. | 22.0 | 24.0 | J.P. Morgan Securities LLC. |
| Merrill Lynch Pierce, Fenner & Smith Incorporated | 21.5 | 23.5 | Merrill Lynch Pierce, Fenner & Smith Incorporated |
| Morgan Stanley & Co. LLC | 22.0 | 24.0 | Morgan Stanley & Co. LLC |
| Nomura International Plc | 22.0 | 24.0 | Nomura International Plc |
| Société Générale | 21.25 | 23.25 | Société Générale |
| The Royal Bank of Scotland Plc | 21.0 | 23.0 | The Royal Bank of Scotland Plc |
| UBS Securities LLC | 22.25 | 24.25 | UBS Securities LLC |
Initial Market Midpoint: 22.875
Adjustment Amounts
Barclays Bank Plc
USD 48,750
Physical Settlement Requests
| Dealer | Bid/Offer | Size |
|---|---|---|
| Barclays Bank Plc | Offer | 10.0 |
| BNP Paribas | Offer | 0.0 |
| Citigroup Global Markets Inc. | Offer | 6.85 |
| Credit Suisse International | Offer | 0.0 |
| Deutsche Bank AG | Offer | 10.0 |
| Goldman, Sachs & Co. | Offer | 70.0 |
| J.P. Morgan Securities LLC | Offer | 117.419 |
| Merrill Lynch Pierce, Fenner & Smith Incorporated | Offer | 9.5 |
| Société Générale | Offer | 0.0 |
| The Royal Bank of Scotland Plc | Offer | 0.0 |
| UBS Securities LLC | Offer | 4.0 |
| Morgan Stanley & Co. LLC | Bid | 1.0 |
| Nomura International Plc | Bid | 0.4 |
Net Open Interest: USD 226.369 million to sell
| Sum of Buy Physical Requests | 1.4m |
| Sum of Sell Physical Requests | 227.769m |
| Sum of Physical Request Trades | 1.4m |
| Sum of Limit Order Trades | 226.369m |
Limit Orders
| Dealer | Bid | Size |
|---|---|---|
| Merrill Lynch Pierce, Fenner & Smith Incorporated | 23.875^ | 226.369 |
| Barclays Bank Plc | 23.875^ | 226.369 |
| Citigroup Global Markets Inc. | 23.875^ | 226.369 |
| J.P. Morgan Securities LLC | 23.875^ | 226.369 |
| Barclays Bank Plc | 23.875^ | 226.369 |
| Barclays Bank Plc | 23.875^ | 226.369 |
| Deutsche Bank AG | 23.875^ | 226.0 |
| Nomura International Plc | 23.875^ | 200.0 |
| BNP Paribas | 23.875^ | 150.0 |
| Goldman, Sachs & Co. | 23.875^ | 103.369 |
| Société Générale | 23.875^ | 100.0 |
| Deutsche Bank AG | 23.875^ | 100.0 |
| Goldman, Sachs & Co. | 23.875^ | 100.0 |
| Morgan Stanley & Co. LLC | 23.875^ | 50.0 |
| Deutsche Bank AG | 23.875^ | 50.0 |
| The Royal Bank of Scotland Plc | 23.875^ | 50.0 |
| Barclays Bank Plc | 23.875^ | 50.0 |
| Morgan Stanley & Co. LLC | 23.875^ | 50.0 |
| The Royal Bank of Scotland Plc | 23.875^ | 30.0 |
| Deutsche Bank AG | 23.875^ | 30.0 |
| Barclays Bank Plc | 23.875^ | 25.0 |
| Morgan Stanley & Co. LLC | 23.875^ | 20.0 |
| Deutsche Bank AG | 23.875^ | 20.0 |
| Deutsche Bank AG | 23.875^ | 20.0 |
| Goldman, Sachs & Co. | 23.875^ | 10.0 |
| Goldman, Sachs & Co. | 23.875^ | 10.0 |
| Credit Suisse International | 23.875^ | 5.0 |
| UBS Securities LLC | 23.875^ | 5.0 |
| Deutsche Bank AG | 23.875^ | 5.0 |
| Credit Suisse International | 23.875^ | 5.0 |
| Barclays Bank Plc | 23.875^ | 5.0 |
| Deutsche Bank AG | 23.875^ | 3.4 |
| Goldman, Sachs & Co. | 23.875^ | 3.0 |
| UBS Securities LLC | 23.875^ | 0.5 |
| Credit Suisse International | 23.625 | 2.0 |
| Credit Suisse International | 23.125 | 2.0 |
| Deutsche Bank AG | 23.0 | 30.0 |
| UBS Securities LLC | 22.875 | 10.0 |
| Goldman, Sachs & Co. | 22.875 | 5.0 |
| Barclays Bank Plc** | 22.875 | 3.0 |
| Credit Suisse International | 22.75 | 1.0 |
| Barclays Bank Plc | 22.5 | 100.0 |
| Deutsche Bank AG | 22.5 | 10.0 |
| Credit Suisse International** | 22.5 | 3.0 |
| UBS Securities LLC** | 22.25 | 3.0 |
| Credit Suisse International | 22.125 | 1.0 |
| Barclays Bank Plc | 22.0 | 75.0 |
| Morgan Stanley & Co. LLC ** | 22.0 | 3.0 |
| Nomura International Plc** | 22.0 | 3.0 |
| J.P. Morgan Securities LLC** | 22.0 | 3.0 |
| Citigroup Global Markets Inc.** | 22.0 | 3.0 |
| BNP Paribas** | 22.0 | 3.0 |
| UBS Securities LLC | 21.875 | 10.0 |
| Goldman, Sachs & Co. | 21.5 | 20.0 |
| Deutsche Bank AG** | 21.5 | 3.0 |
| Merrill Lynch Pierce, Fenner & Smith Incorporated** | 21.5 | 3.0 |
| Deutsche Bank AG | 21.25 | 10.0 |
| Deutsche Bank AG | 21.25 | 10.0 |
| Société Générale** | 21.25 | 3.0 |
| Credit Suisse International | 21.125 | 2.0 |
| Credit Suisse International | 21.0 | 100.0 |
| Morgan Stanley & Co. LLC | 21.0 | 20.0 |
| Credit Suisse International | 21.0 | 7.0 |
| The Royal Bank of Scotland Plc** | 21.0 | 3.0 |
| UBS Securities LLC | 20.875 | 10.0 |
| Goldman, Sachs & Co. | 20.875 | 6.0 |
| The Royal Bank of Scotland Plc | 20.125 | 20.0 |
| Deutsche Bank AG | 20.0 | 50.0 |
| Goldman, Sachs & Co. | 20.0 | 50.0 |
| Goldman, Sachs & Co. | 20.0 | 15.0 |
| Deutsche Bank AG | 20.0 | 10.0 |
| Deutsche Bank AG | 19.75 | 10.0 |
| Deutsche Bank AG | 19.75 | 10.0 |
| Deutsche Bank AG | 19.5 | 20.0 |
| Goldman, Sachs & Co.** | 19.25 | 3.0 |
| Deutsche Bank AG | 19.0 | 20.0 |
| Credit Suisse International | 19.0 | 2.0 |
| Deutsche Bank AG | 18.75 | 20.0 |
| The Royal Bank of Scotland Plc | 18.125 | 20.0 |
| Goldman, Sachs & Co. | 18.0 | 40.0 |
| Goldman, Sachs & Co. | 18.0 | 35.0 |
| Deutsche Bank AG | 18.0 | 20.0 |
| Deutsche Bank AG | 18.0 | 15.0 |
| Deutsche Bank AG | 18.0 | 8.0 |
| Deutsche Bank AG | 18.0 | 5.0 |
| Goldman, Sachs & Co. | 17.875 | 8.0 |
| Credit Suisse International | 17.0 | 2.0 |
| Goldman, Sachs & Co. | 16.5 | 50.0 |
| Goldman, Sachs & Co. | 16.5 | 50.0 |
| The Royal Bank of Scotland Plc | 15.125 | 20.0 |
| Credit Suisse International | 15.0 | 10.0 |
| Deutsche Bank AG | 15.0 | 5.0 |
| The Royal Bank of Scotland Plc | 14.0 | 20.0 |
| The Royal Bank of Scotland Plc | 13.0 | 20.0 |
| The Royal Bank of Scotland Plc | 12.0 | 20.0 |
| The Royal Bank of Scotland Plc | 11.0 | 20.0 |
| Credit Suisse International | 5.0 | 25.0 |
** Limit Orders that were derived from inside markets.
* Limit Orders that were filled.
^ Limit Orders that were partially filled.