HIMIPref™ Index Rebalancing : October 31, 2007

The continued carnage in the Perpetual sector caused a lot of changes this month.

Of interest was the movement of the Falconbridge issues from “Scraps” to their various indices, due to the mid-month DBRS upgrade.

HIMI Index Changes, October 31, 2007
Issue From To Because
TCA.PR.X PerpetualDiscount PerpetualPremium Price
W.PR.H PerpetualPremium PerpetualDiscount Price
PWF.PR.E PerpetualPremium PerpetualDiscount Price
CM.PR.G PerpetualPremium PerpetualDiscount Price
CM.PR.P PerpetualPremium PerpetualDiscount Price
PWF.PR.H PerpetualPremium PerpetualDiscount Price
BNS.PR.J PerpetualPremium PerpetualDiscount Price
POW.PR.C PerpetualPremium PerpetualDiscount Price
BMO.PR.H PerpetualPremium PerpetualDiscount Price
FAL.PR.A Scraps Ratchet Credit
FAL.PR.B Scraps FixFloat Credit
FAL.PR.H Scraps PerpetualPremium Credit
PWF.PR.D Scraps OpRet Volume

Index performance is available elsewhere.

This entry was posted on Thursday, November 1st, 2007 at 4:57 pm and is filed under Index Construction / Reporting. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “HIMIPref™ Index Rebalancing : October 31, 2007”

  1. PrefBlog » Blog Archive » W.PR.J’s Big Price Move says:
    May 1, 2008 at 12:48 pm

    […] As non-financial perpetuals without a particularly large float, these issues can be somewhat volatile – they both made the January 08 Best Performers’ List, while W.PR.H made December 07’s Worst. W.PR.H was transfered to the PerpetualDiscount index in the October 07 Rebalancing. […]

  2. PrefBlog » Blog Archive » FAL.PR.A & FAL.PR.H to be Redeemed says:
    May 22, 2008 at 5:26 pm

    […] is currently in the PerpetualPremium index; it was moved there from Scraps in the 2007-10-31 rebalancing following the DBRS credit […]

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