February 12, 2007

Prices have been updated, but the reports will be delayed. Possibly later tonight, but more likely tomorrow.

Lots of trading in Weston issues today!They made up four of the top five traded issues, led only by the recent new issue, SLF.PR.E. The market is not liking the Credit Watch Negative on this issuer.

Update, 2007-2-13

Note that these indices are experimental; the absolute and relative daily values are expected to change in the final version. In this version, index values are based at 1,000.0 on 2006-6-30
Index Mean Current Yield (at bid) Mean YTW Mean Average Trading Value Mean Mod Dur (YTW) Issues Day’s Perf. Index Value
Ratchet 4.05% 4.05% 31,759 17.32 1 +0.3600% 1,043.2
Fixed-Floater 4.81% 3.50% 93,125 8.17 7 -0.2220% 1,041.1
Floater 4.46% -24.96% 54,834 6.59 5 -0.0310% 1,052.1
Op. Retract 4.72% 2.38% 75,211 2.09 18 +0.0421% 1,029.3
Split-Share 5.09% 0.86% 289,408 2.65 14 +0.1643% 1,044.8
Interest Bearing 6.69% 3.97% 74,629 3.97 6 -0.0605% 1,036.1
Perpetual-Premium 5.04% 3.70% 229,197 5.10 51 -0.0258% 1,051.7
Perpetual-Discount 4.54% 4.56% 1,061,258 15.29 10 -0.0801% 1,056.0
Major Price Changes
Issue Index Change Notes
There were no index-included issues with major price moves today.
Volume Highlights
Issue Index Volume Notes
SLF.PR.E PerpetualDiscount 127,959 Recent new issue. Now with a pre-tax bid-YTW of 4.55% based on a bid of $24.82 and a limitMaturity.
WN.PR.D PerpetualPremium 111,350 Scotia crossed 50,000 at 25.70, then another 40,500 at the same price. Currently on Credit Watch Negative. Now has a pre-tax bid-YTW of 4.98% based on a bid of $25.56 and a call 2014-10-31 at $25.00.
WN.PR.E PerpetualPremium 110,559 TD crossed 47,600 at $24.75. Credit Watch Negative! Now with a pre-tax bid-YTW of 4.87% based on a bid of $24.67 and a limitMaturity.
WN.PR.A PerpetualPremium 102,740 Scotia crossed 96,300 at $25.76. Credit Watch Negative! Now with a pre-tax bid-YTW of 5.24% based on a bid of 25.76 and a call 2011-1-14 at $25.00
WN.PR.B OpRet 100,624 RBC crossed 50,000 @ 26.25, Nesbitt crossed the same amount at the same price. Now with a pre-tax bid-YTW of 3.65% based on a bid of $26.01 and a softMaturity 2009-06-30 at $25.00

There were seventeen other “$25 p.v. equivalent” index-included issues with over 10,000 shares traded today.

Leave a Reply

You must be logged in to post a comment.