BMO.PR.J : First Day Uneventful

The BMO New Issue settled today and there wasn’t much of a surprise. The trading range was 24.90-98 on volume of 371,320 shares; the closing quote was 25.96-98, 25×35.

This issue has been fully entered into the HIMIPref™ database – the securityCode is A40006, and a reorgDataEntry has been posted to reflect the change from the preIssue code of P25004.

Update : The issue has been added to the PerpetualDiscount Index.

This entry was posted on Wednesday, January 17th, 2007 at 6:39 pm and is filed under Data Changes, Index Construction / Reporting, Issue Comments. 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.

7 Responses to “BMO.PR.J : First Day Uneventful”

  1. PrefBlog » Blog Archive » January 17, 2007 says:
    January 17, 2007 at 10:58 pm

    […] Today’s new issue settlement brings lots of lovely commissions to the Street! Now with a pre-tax bid-YTW of 4.52% based on a limitMaturity. […]

  2. PrefBlog » Blog Archive » January 18, 2007 says:
    January 19, 2007 at 1:25 am

    […] Recent new issue. Now with a pre-tax bid-YTW of 4.52% based on a bid of $24.94 and a limitMaturity. […]

  3. PrefBlog » Blog Archive » No Surprises on RY.PR.E First Day of Trading says:
    January 19, 2007 at 11:14 pm

    […] This was pretty much a carbon copy of the BMO.PR.J opening last Wednesday. Volume was 313,249 trading in a range of 24.85-95 – which was below the issue price, which is eventually going to annoy the buyers of these new issues! […]

  4. PrefBlog » Blog Archive » New Issue : CIBC 4.5% Perpetual says:
    February 1, 2007 at 11:59 am

    […] This is actually rather nice, having so many issues that are so similar (SunLife, Scotia, Royal and BMO) … I forsee many happy hours in the years ahead, swapping between them in a low-risk dividend-capture strategy. […]

  5. PrefBlog » Blog Archive » February 1, 2007 says:
    February 5, 2007 at 8:28 pm

    […] Recent new issue. Now with a pre-tax bid-YTW of 4.53% based on a bid of $24.96 and a limitMaturity. […]

  6. PrefBlog » Blog Archive » February 14, 2007 says:
    February 14, 2007 at 10:55 pm

    […] Recent new issue. Now with a pre-tax bid-YTW of 4.53% based on a bid of $25.03 and a limitMaturity. […]

  7. PrefBlog » Blog Archive » January 22, 2007 says:
    February 14, 2008 at 11:13 pm

    […] Recent new issue. Now with a pre-tax bid-YTW of 4.52% based on a bid of $24.95 and a limitMaturity. […]

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