General Motors CDS
Final Price: 12.5
Net Open Interest was $529.098 million to buy
General Motors LCDS
Final Price: 97.5
Net Open Interest was $46 million to sell
Source: Creditex/Markit
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THX. Greed is back ;_)
The LCDS is the surprise, for me at least.
FYI – weighted average offer on GM CDS was $13.98. BNP, UBS, Citi were the most interested in getting done (lowest average offer)